I'm not really a market timer and CHK is REALLY not my cup of tea:
Growth
1 Year Return %: -69.56% 5 Year Revenue Growth %: 36.28%
3 Year Return %: -125.16% 5 Year Earnings Growth %: -106.78%
5 Year Return %: -86.59% 5 Year Dividend Growth %: -40%
Per-Share Information
Most Recent EPS, $: -0.16 on 02-24-2016
EPS Growth vs. Prev Qtr -220.00%
Annual EPS, $: -0.21
EPS Growth vs. Prev Year -245.45%
The way I see it, you got bailed out by Janet Yellen and the trend would turn decidedly negative on closes below yesterday's low. So put a stop around $3.90 and let 'er rip. Looks to me like the correction in metals and energies is about over (or totally over). Remember that the fracking industry has $101 BILLION in junk bonds outstanding, and I strongly suggest downside protection (stops) for a stock like this.