XELA Trade on Jan 26, 2022 07:03 from BanalityOfEvil: Tradervue User Stock Trades.

XELA – Premarket Breaking news Core builder – (13.40)

5:21:06AM
XELA
EXELA TECHNOLOGIES TO BUY BACK UP TO ~100M SHARES THROUGH EXCHANGE OF NEW NOTES

WHAT A CHOP-HOUSE… IN FUTURE IF ALGO PRESENCE IS RECOGNIZED THEN JUST CLOSE POSITION, NO MATTER WHAT.

Was watching this in after hours last night, I hate trading stocks this cheap since usually get algo heavy, but need to find opportunity wherever it may be.

@7:10 xela had gapped up to .75, float is a little high, started getting long above vwap around .70 scaling into 500 shares with 250 lots, planning to add up to 2000 shares max. Only looking for 5-10cts on this

@7:30 xela has pulled back under vwap, with lower volume, retesting

@7:58 testing the vwap

@8am doubled shares up to 1000 on break of vwap with volume expansion, stop is .67

@8:06 double position to 2000, some volume coming in over vwap and price avg

@OPEN XELA QUCKLY MOVED TO .75. I EXPECTED A DIP, AND DID NOT WANT TO RUIN MY PRICE AVERAGE OR SACRAFICE PROFIT ON THE MOVE. LOOKING TO ADD ON OPENING SUPPORT FOR A MOVE UP TO HOD, BUT WITH LARGER SIZE, AND THEN HOLDING A CORE UP TO .85 OR HIGHER
.85 IS MAX TARGET

@9:37-9:45 ADDED ON SUPPORT UP TO 4000 SHARES

@10:17 SOLD ½ DUE TO EXTREME CHOP AND CLOSE TO HIGH OF DAY, ADDING 1500 SHARES BACK UP TO 2350 FOR THE BREAK OF HOD

@10:50 XELA HAS PULLED BACK TO BREAK AND TEST VWAP AND 200MA @.70CTS – THIS IS A MAJOR LEVEL ON THE DAY, SO I WILL HOLD UNTIL IT IS BROKEN WITH STRENGTH – ALGO PRESENCE IS HEAVY

@11:06 XELA CONTINUES TO TEST .69, BIDS ARE HOLDING

@1:15 has broken above VWAP showing some signs of life.
• Overall markets are back in the green ahead of Fed meeting

@3PM any apparent positive trend has disappeared, went to flat, algo presence has dropped out, and stock has sold off.

@3:05 algo presence is heavy once again, holding the price at .62CT

Was green on the trade several times today... BROKE RULES BY TRADING THIS… JUST DON’T TRADE STOCKS UNDER $2…