TELL Long Opportunity RevisedHave been waiting for the bottom to form for the past year, finally looks like it might be there for a rebound.
Price spent past couple weeks building around $.50 and today's boost definitely could have solidified the bottom.
I have yet to take this trade, however, since as I've stated in the past, the stock is pretty terrible and the company is in danger of running out of cash over the next 6-9 months IF they do not get FID on their Driftwood LNG Terminal in Louisiana.
Again, once (IF) that happens, price will likely go up 60 - 100% that day, which is something I probably would not want to miss out on.
However, if price breaks below $.50 from here and FID becomes less of a reality, the company will likely go bankrupt.
Trade with caution on this one, but don't be surprised if it completes Wave 1 within the next couple weeks.
Best of luck
Tellurian
TELL long opportunity*revised trade entry for my last post on TELL:
Price finally hit the bottom of the wedge which I'm sure many other TELL traders were waiting for.
The thing is though, that the macro story for the core of their business has never been better as demand for natural gas and LNG transfer will only increase as geopolitical tension rises in the Middle East and Russia continues their offensive, all while Biden admin is on track to completely deplete the SPR for the sake of keeping US oil prices stable.
TELL has a huge opportunity to explode here...
Though, they are yet to find a partner to secure FID in the amount of I believe $14.5b for their Driftwood LNG plant in Louisiana. The longer they continue construction without this decision being made, the higher their bankruptcy risk becomes. As soon as they get it, however, investors will pile in money and the impact on price will be monstrous.
Positive developments in FID situation should bring us to dashed line.
Securing of FID could break the uptrend, in an overly optimistic case, and likely over a 1-2 year timeframe.
Personally am waiting for Monday open before I make any entry -- **If price breaks below bottom trendline, I would be very hesitant about entering a long until a reclaim.**
Please let me know your thoughts below.
TELL LongLooking back into Tell for a long opportunity that I believe I entered at $1.20.
If you've ben following TELL for the past couple years, you'd know it as an excellent trading stock due to volatility. You also may know that They've been struggling to find an equity partner for financing their newest LNG terminal (Driftwood, in Louisiana; $14.5b cost), which, paired with frequent senior secured note offerings, have caused the stock to drop due to a bleak outlook for the company by investors.
However, it seems we have reached somewhat of a bottom, and while technicals look alright, we still await the announcement of an equity partner which would be a MASSIVE boost for the stock.
Keep an eye on this chart playing out, and be aware of the risk entailed with trading it; it is definitely an uphill battle for the company, as investors are weary of their ability to finish construction on Driftwood.
TELL Tellurian Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TELL Tellurian prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Distribution Phase DIt is likely to see a continuation Down, After many tests and signs of weakness within the range. After phase c was created it is evident that the trendline created is part of Phase d. around phase C was evident of an Extreme SOW and confirmation of the previous sow after breaking the AR level.
TELL | 1 Long | As if...General
TELL recently visited the bottom of the range and started heading higher in the last months. Planning to take a little position if price should manage to get above "Level 1", generating a new swing and getting above it again.
Target: A bit under the 50% of the range
SL: I dont want price going lower than the swing after breaking it.
Invalidation: Price cant get above "Level 1"
Time duration: Days, weeks, months, years... ;)
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for entertainment purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh
Tellurian (TELL): What comes next?So, a lot going on in this chart, but what I want to draw attention to is the crossover of the 20ma down through the 50ma (yellow ellipses) and the price action that follows. We have 3 analogs on the chart over the past year or so. The crossover coincides with near term oversold conditions and and a brief correction followed by further downside. The downside from near the top of the correction to the actual bottom ranges from -36 to -43% after reaching back to near/above the 20ma. If this were to repeat, then we can expect a rise next week into the mid/upper $4s followed by a retreat into the mid $3s. That would complete a H&S pattern on the daily timeframe. The horizontal green dashed lines are buy signals from the RSI. Only 1 of those 4 buy signals were premature. We're likely about to get another one Monday. The question is will it be a false one, like the one on 12/3/21, or will it be like the others? If it is a true buy signal, then we won't repeat the pattern of rising back up to the down sloping 20ma, then retreating. There are only two scenarios I see that could flip us back into bull-mode. One is a rising XOP that ascends to new (recent) highs. The other is the company releasing material news. Short term ?, medium/long bullish based on DD.
Tellurian Daily Time Frame Analysis 5/10/22Todays wick shows good resistance off the 200ma. I am looking for a gap fill as shown on chart, especially with the anticipation that we hear good results on the consumer price index(CPI).
TELLURIAN offering a BUY ENTRYAMEX:TELL
All Suggestions Requests and Remarks are Welcome
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All set to sail?Looks bullish and natural gas demand spikes in these times and future until we have complete alternative energy resources. Once it breaks above that blue line, it could rally towards $18...
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P.S. Note a financial advice, do your due diligence.
Buying TELL on a possible another leg down in a descending wedgeSell signal confirmed if RSI crosses down through RSI MA after reaching top bound of the descending wedge. Confirmation on Tuesday 2/22, which could be ER. A positive ER may negate the technicals.
#TELL - Tellurian DMI Analysis - Bull Cross (Fib 34)Stoch refueled on the 2H.
The Directional Movement Index is showing bullish sentiment building
See chart for TP and SL
You can also use a simple alert on the DMI to make TP or SL.
Set alert to where DI+ crossunder DI-
Let Tradingview work for you
support becomes resistance and vice vercatoday we saw the bears very strong but they couldnt brake the $4.00 significant. the $4.00 and the $6.50 areas seems to be very strong areas. first the $4.00 has been a very strong resistance in the past and today it is functioning as a support. so still a good entry for the bulls. if we would brake the $4.00 area for a day and closing below i would close my position. but tell is still lagging the volume that is, until now, not as high than in earlier triangles. so everything is still possible. my target is still $6.50, which is the next possible resistance and also a very strong one. that would confirm the bullish trend of higher highs and higher lows. also all the technical indicators are looking very bullish. tell only needs to break the ma200 than it would probably going to the moon.
of course is this only an idea and by no means financial advice.
comment if you like or if you disagree with my thoughts
TELLURIAN AnalysisThis decade appears to be the start of a super-cycle for Oil, Gas and related sectors. While some companies have succumbed to the slump in O&G sector in the last few years, the ones that survived Corona dip have bounced back vigorously. With proposed federal grants for infrastructure development and global momentum to go Green, these energy companies are well positioned to capture new market share and unleash tremendous value creation.
One such company with high upside is TELL. It was uptrending today on bullish news of 10-year LNG deal for $12B. This 20% bump brings the stock price of TELL closer to $5.82 which seems to be the pivot for Bullish Reversal. Once it breaks out of the Ascending Triangle, it can potentially test high 20s and cover for the multi year downturn. Some consolidation might be coming in the next few days to digest this big move but it remains to be seen if TELLURIAN can finally turn a new page.
$TELL will recover to at least $5 in the coming monthsMy belief is that it will recover at least to ~$5 to $5.50 and if breaks $6, could stay there or breakout
It fell when the petroleum crash happened earlier last year, but on its own LNG is not going anywhere and is much much cleaner than gasoline products. Mostly everyone, such as Biden's energy cabinet, considers LNG 'good for the planet' vs using dirty fuels. Not as clean as solar of course, but an excellent alternative.
Additionally, you have to consider that LNG, unlike gasoline, doesn't come from the middle east. We are extracting it right here, in our backyards. So the fcuk up that is the OPEC oil cartel that created a skewed demand-supply leading to everyone shitting their pants in early 2020 as alternative energy started taking foothold, doesn't impact LNG. BUT, TELL fell like a dead bird cause the entire petroleum and energy sector went down with OPEC f'k up. With that context, I believe it took a beating cause of the whole energy sector but LNG intrinsically is here to stay another 20-25 years.
As always, ideas and opinion are solely mine and this is not investment advise. I hold a long position in $TELL.