LeLaf

XELA: Bullish Flag (121%)

Long
NASDAQ:XELA   Exela Technologies, Inc.
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$

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Always do you own Due dilligence. This is not financial advice.
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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/bull-flag.html
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