Chesapeake Energy (CHK) Attractive Above $34.60

See the narrowing trading range and how nicely the stock held above the 50 dma.  Fundamentally as a growth story and alternative energy play I like the name as well.  Arguably the stock has gone quite parabolical lately but the consolidation phase since late Feb ruary is helping digest the move from $20 to $35 in 3 months.

 

 

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