Inflection point for this SAAS name

Exela Technologies, Inc. (NASDAQ:XELA)

Updated

NASDAQ:XELA Exela Technologies, Inc.

indicator

$4 or $2.58 depending on how the market & these traders in this name take it leading up to E.R. I'm leaning slightly bullish, most of accum is right around $3. I think it holds it's meme base intact through this. Just hunch tho

Comment:

sitting on 3.05 support but looks clamped. RSI vs. movement suggests reaches 3.35 and then fails back into it's channel. this is a picture of what being in debt looks like as a SAAS play. New downward trend line drawn, looks a bit hidden amongst the meme rally but it's there, always has been

Comment:

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