XELA Turnarount?
I've been following XELA recently as it approaches the point of a falling wedge. The point of the wedge seems to converge along an area of resistance. There is also a so-so Butterfly Pattern with the D-leg ending at the same point (though I'm not well versed in harmonics) and RSI about to cross south of 30. Could XELA be poised for a turnaround? Thoughts?
Obligatory "not financial advice" comment.
Obligatory "not financial advice" comment.
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