CHK Short term perspective

Hello All,

Short trade. I placed a PUT at $4.96 and it may bounce on that lower trend line.

Stochastic RSI is rearing its way downward.

OBV_OS is also rearing its way downward.

I drew my 5 impulse subwaves of a potentila larger wave 1 and I see this retracing a bit.

I will flip my position pending on a daily chart though.

Again this very short trade.