Company just made some major moves and technicals looking promising. If you believe in LNG shipping this ship is on serious discount
* I would suggest you do your own research and have a deep look on balance sheet
One week after our initial analysis NG is already recovering! If you went long last week move your SL to cost, unless NG goes above 2 and holds, we remain in the bearish channel and could test the low one more time. Long term outlook remains very bullish.
TELL is a LNG company that has engaged in the largest natural contract ever done. The contract has been pushed off and redated several times due COVID and market conditions. Trump is meeting Modi, this will be apart of their discussion. Driftwood project will be redated and signed this time. As India is trying to secure a great future for their Energy production....
TELLURIAN LNG is poised for a come back, if not for recent oil glut with no where to store it leading to negative prices. This shows a broken cup handle as well failing to break resistance up. Watching and waiting as LNG will recover and still lower CO2 emissions and cleaner than OIL (WTI) for most countries. New super carriers awaiting back to new...
In addition to the technicals... Iran has been hit harder than most countries by COVID-19 and its economy is creaking under merciless U.S. sanctions. With nowhere else to turn, the Iranian President, Hassan Rouhani has been forced to cede ground to hardliners. And these hardliners are determined to force Trump into a long and costly war.
Just last week, missiles...
I know I'm late posting this but maybe I wanted to test your reaction time!!! You've already missed out on a few pips but there's still meet on the table so take a plate and grab a seat because this is gonna be a good one!
Table of contents:
§ 1 Chart analysis
§ 2 Fundamentals
§ 3 My plan to enter
§ 1 Chart analysis
Looking at the NG!1(LNG futures) price, it's quite easy spotting the giant downward channel that price has been moving within for a while now.
As you likely already know, if you are a conservative trader like I am you would look only to take shorts at this point at...
Yesterday was not that eventful for financial markets.
As for the general background, the Chinese state media that Sino is ready to make concessions to the United States (mainly, it is about importing food from the United States) and is preparing for “personal” negotiations with the United States instead of current telephone diplomacy.
In the oil market, despite...
BUY on Ascending Triangle convergence with a good squeeze, accompanied with 3 consolidated candles making a strong bullish pinbar
On longer term also, LNG has been in a rising wedge kind of formation ready to break.
Buy at 65.7, Tight SL at 60
TELL is showing MACD cross on 4h and near on day. LNG gas prices ready for winter spike as prices have been down. Earnings still negative for Tellurian, but LNG is much better than coal and key is west coast distributions hubs for asia for growth vs CQG/LNG (Cheniere). Delivery on larger tankers also helping lower cost. $10 entry with another half as...
On weekly candlestick chart, MACD is shown crossing over and CCI at 0, but on downward slope at $62.73.
Await 2nd LNG port set-up and exports looking positive as cold weather driving use. LNG will also be a growing industrial energy fuel to replace coal and oil energy plants, as 30% lower CO2.
Nuclear and solar are only better ones and solar equipment costs...