Perfect reverse cup and handle forming. If cancellation of blue owl or any negative news hits then we will see more downside to all time lows. After dropping over 50% since the recent high of $1.05 we can see a small bounce off of this support level and then with no news or bad news head back down and break through this support.
Classic head and shoulders on the 1hr timeframe. Looking at a low of .66 which is also current support for now. There is also a bullish trend line on the longer time frames which must stay in tact. We could be seeing a bullish reversal after confirmation of support level .66 and if broken we are looking at .60 and lower.
Descending wedge paired up with descending volume. Looks like we could break out tomorrow or Friday with a resistance of .74 and if broken a bullish continuation.
Tellurian has formed a cup and handle on the daily timeframe. Today we closed with a engulfing bearish candle which if you look at the previous candles that are bearish engulfing they result in a consecutive day with a lower stock price. On my previous post you will see a gap on the 1hr time frame. I am predicting that we have a down day on 12/29 but not much...
Hourly chart forming head and shoulders. I believe on 12/29 we may touch .91 again then break through to the downside to fill the gap at .84. After being up 90%+ you must be realistic and understand that runs like these are sustainable and will retrace. Looking at a possible multi-day cooldown of the RSI(Relative Strength Index) putting us near the .74 mark.
Have 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...
*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...
Looking 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,...
Analyzing 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...
I am predicting an upside breakout in the next 2 weeks. Cup and handle have formed on the daily and weekly timeframe and volume has been low. Shareholders are anticipating financing news and with henry hub prices looking to climb we should break $1.76 in the upcoming weeks.
FUNDAMENTAL, no clue about the company.
- There is a rotation starting form tech to energy and material.
- Earning are in 2 days.
- possible buy if breakout on good volume.
- Good accumalution
- Great R/R.
TELL 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.
bounce here and break of 2.05 leads to rally to 3.19, break of 1.45 and a dip to 1 or lower is possible, keep in mind we are being held down by multiple trend resistance lines. bearish bias is logical here for longterm until those broken. but of course in downtrend we can see some pops to upside
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lets see what happens, boost and follow for more 💛
At least the 10 week MA need to turn up. There are two major resistance levels: The first one at the Fibo level 78.6% the second one at price level 6.5. The volume profile analysis confirmed these setups.
with all the crazyness in the market i think that the gas market outperformed everything else. but TELL is quite left behind. with the earnings incoming there might be a huge rally in november. only one good news can let the stock explode like we have seen a few times earlier the last 2 years. i dont expect TELL to fall lower than 1.60 but the upward potential is...
the fed has quietly halted bottom line reductions of the balance sheet, markets should rally leading into the holiday season and then tank once again. Supply of energy commodities has quietly been unlocked and seems to be being offloaded into the winter. This means inventory costs for natural gas services companies should go down. This combined with a market...
