Ekso Bionics Holdings Inc (EKSO)

[skepticone]

Looks like I was a bit pre-mature with declaring that it broke below the 1.40-1.60 range. It was a one day break below and has since been bouncing around within it. That complete break may come with the 50 day and 200 day cross over.

I think a flaw in my analysis is that I did not factor in the amount of shares owned during the two periods of the 52 week chart that I compared.
I believe there were many more shares owned during the second period so support levels are probably stronger.

I am still watching for a break to the lower levels. but have to keep an eye out for a break out of the 1.40-1.60 range. Unless there is news I see no catalyst to cause a break out.

All I can say is that I am maintaining the buy I have at lower level. Others may NOT want to follow me there, you could miss a move upward.
For me personally, I am OK with missing part of the move up, I hate getting caught in the move down.

Old saying I remember from when I was kid..."Wait(weight) broke the wagon...patience built it up"...I'll be patient.

In the meantime I have that money in another stock that I had already owned. It's up $2.72 a share from $80 in just a few days, while EKSO bounces around. Plus, picking up dividends.