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
Tell
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.
Tellurian: Weekly Bullish Engulfing Falling Wedge BreakoutTELL is currently breaking out of a Falling Wedge after confirming a Double Divergence in the MACD at the 0.886 and also Bullishly Diverging the previous week's candle. A break of the $1.55 level could quickly take it back to $6.5, as that will likely also align with the RSI entering back into the Bullish Control Zone.
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
TELL Short position to sub 3AMEX:TELL
TELL Fair Value Gap Price at 2.84. Lose 4.20 support and down she goes.
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
Enthusiastically Brought to You by ManhattanStocks
AccumulationSeems that phase c already happened. LPS probabiliy increased. Increasing volume on Rallies and low supply on support areas shows that demand is prevalent.
All set for 150?Double bottom with huge volume. Looks bullish. Higher highs. What else do you want? Jump in for a ride to 150. I would love to see a pull back towards mid 50s before it rides back up.
Natural gas prices going up big time.
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 $18...
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P.S. Note a financial advice, do your due diligence.
Wyckoff Accumulation TELLFor Wyckoff to work properly, you must first take the top-down approach of the sector to the individual stock. Then you must predict where the price could move using the law of cause and effect.
Here is my take on Wyckoff Accumulation Schematic.
TELL LONGWow, the opportunity of money making has never been so clear until now. Finally, we break out of the downtrend and get some bullish momentum to the upside. We have 2 bars touching the demand zone--close to a demand zone that I have drawn. It is likely we will see 4$ again.
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 LONGMACD crossed while the RSI retested 30. Many possibilities for the week here. May see price move towards 3.40. SPY is also moving up while the VIX is dropping slowly. Perfect short term move for a long swing up.
Short $TELL CMP $3.45Short $TELL CMP $3.45. Broke the trendline support and 50 SMA with good volume. Currently it's testing 200 SMA. 200 SMA price area is generally known as good support for stock price. If the price bounce from 200 SMA level then price can get to $4 area otherwise downtrend continuation will take price to lower level of $2.70-$2.80 which can act as support. General outlook downtrend.
Buy :TELLThe energy sector, the renewables and the oil and gas have been getting attentions from investors in the past weeks. $TELL is one company to swing in that season for good short-term returns.
Based on previous price movements, TELL has more upsides.
TELL - Potential 10% returns-Tellurian (TELL) stock fell today after the company announced the pricing of a public offering of 35,000,000 shares of its common stock for a total amount of $105 million to Tellurian. Shares of the company were trading 12.53% lower to $3.07 a share on Wednesday.
-Another 10% drop is expected now.
