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LeLaf
Mar 13, 2021 4:24 PM

XELA: Bullish Flag (121%) Long

Exela Technologies, Inc.NASDAQ

Description

Bullish Flag (121%)
Pros:
Volume at post
Descending volume during flag forming
PPS above 50M and 200MA
RS above 0 and ascending
ATR ascending
R/R ratio above 6
Cons:
250RSI below 50

Target:
PT = 8.21$

Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do you own Due dilligence. This is not financial advice.
Stay Humble, have fun, make money!

Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/bull-flag.html
Comments
oilyprata
Hope this goes up soon!!
nidhitandon04
Will this go up again?
LeLaf
@nidhitandon04, If it breaks the current down trend resistance line, it could.
nidhitandon04
@LeLaf, today it went under 50 ma, will i need to watch it for couple of days and see where it moves up or down? I bought it for 3.9 and averaged it down to 3.27
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