Today's oil inventories helped give energy stocks an extra kick upward. Even though Chesapeake is Nat' gas focused, it is unquestionably greatly swayed by price action in WTIC oil.
Cyclically - short term, we tested the 50dma today... the 200dma is just a touch high. Things turn very bullish with some price action above declining trend/resistance, which will be around the $6.00 threshold in mid April.
Mid term, CHK looks headed (eventually) for core resistance at the $12 threshold. Its notable even a move to that level would still be a massive way below the levels from summer 2014.