[RT] CHK SwingMachine analysis near term

["Clyde Lee" <clydelee@xxxxxxxxxx>]

See the attached for a rather detailed analysis based

on swings (percent time and price) from 2000 to now.

 

Short term top around 30.79 and then a short term

bottom around 27.78 and all of this before 6/19 maybe !

 

Clyde

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Clyde Lee                 phone: 713.783.9540
SYTECH Corporation
7910 Westglen, Suite 105
Houston, TX  77063     fax: 713.783.1092
WebSite:       www.theswingmachine.com
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----- Original Message -----

From: Ira

To: realtraders@xxxxxxxxxxxxxxx

Sent: Thursday, June 08, 2006 07:16 PM

Subject: Re: [RT] CHK update

Bob:

 

One other thing.  The other reason that I was looking for a retracement was that price reached its target of 40+ off of the 1999 low.  The retracement has support at 28.75 which is holding at this time.  If the 26.50 level is broken there should be support at 25.25 with a target low of 22. 

 

Even at that price the stock remains in a bullish posture.  I am sure that if you are aware of how my system works you know where these numbers come from. 

 

Thought that these numbers might interest you.  Ira.

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