TradingView
QUANDRANTS
Aug 9, 2021 2:52 AM

Inflection point for this SAAS name 

Exela Technologies, Inc.NASDAQ

Description

$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

Comments
A10Equity
any updates?
QUANDRANTS
@A10Equity, earnings beat, but the debt here brought the shorts were out in force today on a rising ^TNX & weak ^NDX. Trades sideways to down unless there's a meme pump in here. Upgrade & PT boost by the street could be a catalyst to rally tho...
Mihai_Iacob
Loving it!
More