XELA: Bullish Pennant, confirmed Long

Exela Technologies, Inc.NASDAQ

Description

⋅ Jan 26, 2021 12:56 AM

Bullish Pennant, confirmed
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 5
200MA ascending
Cons:
No volume during break out
250RSI below 50

If confirmed:
PT = 1.3748$

Comments

Shanedurand518

⋅ Feb 5, 2021 8:54 PM

$3 right now 🤯 thank you 🙏

Grantw04

⋅ Feb 11, 2021 7:32 PM

Good afternoon. could you explain what exactly the tool you are using to make these predictions on this chart?

LeLaf

⋅ Feb 11, 2021 7:34 PM

@Grantw04, I prefer expection to prediction. Not sure what you mean by tool. It's mainly experience and hard work.

Grantw04

⋅ Feb 12, 2021 4:56 PM

@LeLaf, The tool you used to measure with the dotted line arrow pointing up on the chart.

LeLaf

⋅ Feb 12, 2021 4:58 PM

@Grantw04, That's the Long Position tool.

LeLaf

⋅ Feb 12, 2021 5:02 PM

@Grantw04, Follow me, I'll explain via Private Chat.

drdorien

⋅ Jan 29, 2021 6:37 AM

How would this be affected by the upcoming reversed stock split (Monday?).

LeLaf

⋅ Jan 29, 2021 8:00 PM

@drdorien, I have no idea. Will probably render this chart worthless. We'll see.