Does Format Rules work on Virtual Columns?

[nat2022]

I am trying to make the Specific Cell in the Table View become Red if [Slot 01 Status] = "TAKEN" as seen below. However, its not turning red. How can I make this works or what workarounds can I do to turn the Specific Red. 

Additional Info: [Slot 01 Status] is a Virtual Column with Values of either "TAKEN" OR "NOT TAKEN".

[Date] & [Schedule] are Actual Columns in my Excel Data

[scott_robinson]

Try it without the [_THISROW].

[nat2022]

I tried it but it doesn't work, all those Rows with "NOT TAKEN" are also highlighted. Furthermore, the Virtual Column [Slot 01 Status] is not highlighted when I specified it as well as other columns to be submitted as seen below.

[scott_robinson]

Ahh, but now the conditional formatting has started kicking in, whereas before it wasn't.

The screen you have screenshotted looks like a view before you have Saved?  Sometimes the editor shows the wrong results at the beginning...Apologies if you've tried that.