Ekso Bionics Holdings Inc (EKSO)

[skepticone]

I wrote that post when I saw the pre-market PPS at 1.52. I will be watching the RSI-14 chart. We are at 68.36, just barely under overbought at 70. To me that says we are more likely in for more downward price movement. Chances are greater that we see 1.40+, than they are that we will go higher than where we are now. It may take some time but I believe we will at least see 1.40+ again and possibly lower.
The traders came in with the momentum that was started by the Ford news and have grabbed their money and gone. Notice the added posts on the board that don't say much and then are gone?
Even though we may be long we must pay attention to the overbought and oversold conditions and also when these guys show up on the board. It has helped me trade, when I see that setting up and accumulate more shares.
It is almost like playing this for the moves down instead of (what I had always thought) the moves up.
I guess the idea is to trade this thing, to accumulate shares, until it proves it can continue an upward trend based on sales, earnings or new technology/product release.