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 a close above 2.75 would suggest further upside. XELA will move quickly, so keep it on your screen.