Don't Sweat This Energy Stock's Dip

Chesapeake Energy (CHK) stock is 1.4% lower to trade at $83.58 at last check, adding to its 8.1% June deficit. In fact, the security is on track for its ninth daily loss in 10 sessions, while the $83 level contained this pullback on a closing basis. Traders shouldn't fret just yet, as the energy stock looks poised to extend these gains and notch a new record, after coming within striking distance of a trendline with historically bullish implications. Specifically, Chesapeake Energy stock just pulled back to ...