Tellurian Is Bearish On All Our Charts

Tellurian Inc. (TELL) has been under selling pressure since early 2017 and further declines appear likely. A test and probable break of the March low is my forecast. Let's see how I got there.

In this daily bar chart of TELL, below, we can see how prices have swung up and down and down again the past twelve months. The 200-day moving average line has had a negative or bearish slope for most of the year. The 50-day average line is also in a decline and crossed below the 200-day line last month. The daily On-Balance-Volume (OBV) line has been in a decline for months telling us that sellers of TELL have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is improving but still well below the zero line in bearish territory....75 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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