My prediction for XELA remains extremely bullish over the next number of years ($40+) but as for the interim, Bears seem to be set up for a little more squeezing. Look at the bright side, there's still time to buy heavily within this bottom zone, FOR CHEAP. I expect a forthcoming jump towards $4.50. I expect a denial near $4.50. I expect true bottom to be found...
All indicators point to a breakout. The company signed multiple new clients. Possible short-squeeze is also in play.
Exela Technologies Inc (NASDAQ:XELA) Volume has lightened up and the price is holding up nicely above the major short-term rising EMAs. This looks like the spot where the bulls will begin to make their move. From a technical standpoint, the stock may be ready to break out of this potential bullish flag consolidation while MACD is also starting to move higher. Only...
Waiting for more volume, overall this stock looks hot to me, keep it on your watchlist and tell me what is your opinion on comments
Trade Idea - Potential 60% upmove on XELA once the falling wedge breakout is confirmed... DYOR (DoYourOwnResearch - just a trade idea :) )
DOGE ...like many altcoins has gotten beaten up for weeks but over the weekend (unless you're living under a rock), crypto is having a bit of a renaissance, DOGE included. So we took a closer look at some basic levels following a Fib retracement plot and wouldn't you know it, some interesting levels have emerged. Namely the 786 fib has clearly been a sticky area...
Can XELA break levels of resistance set back in 2019? It has the volume, the sentiment and the technicals (i.e. short interest) to move higher prior to earnings. Xela is steadily moving through a historical level of resistance with strong volume. XELA is highly shorted, attracting traders playing it for the short squeeze. As long as people are buying,...
XELA had a great run but is the steam running out? Lower volume day on 7/14 in tandem with the big drop. However, there are a few levels to keep track of. First, the 382 fib line. XELA was denied at this level twice this week with the second time resulting in the breakdown. BUT you've also got the 50 Fib,which has rarely acted as a major support BUT was a...
WATCHING $XELA for ENTRY TARGET @ 2.49 I will repost when it get’s closer if it goes that way and if it makes higher highs I’ll repost with new entry. Look to the right. ENTRY target in grey. Sell target in green. Double position target in red. That’s it. I’m starting to also add in a few support levels to add as well.
On 6/2/2021 Cantor Fitzgerald Brokerage Initiated Coverage with Overweight Rating and a Price Target of $4.00 Yesterday`s volume was 333Mil and a Market Cap of 165.738M
Buy the dip and average down any further dips from here. This should double. Cant tell the timeframe though given overall market doing nothing.
Exela Technologies Inc is a location-agnostic business process automation (BPA) leader combining industry specific and multi industry enterprise software and solutions. The Company's BPA suite of solutions are deployed in banking, healthcare, insurance and other industries. The company is focused on work flow automation, attended and un-attended cognitive...
Viewing a rising wedge pattern that is forming for a possible lift off to recent resistance levels. Very new at TA but like to throw my few cents out there to see opinions.