Ekso Bionics Holdings Inc (EKSO)

[skepticone]

As everyone here knows by now, I like to use the 52 week and RSI-14 charts together. The 52 weeks is not too helpful other than looking at the points where we touched 2.00. Mid Jan, late Mar, end of Apr, early Jun, early and late Jul. To me, those peaks done provide support, psychological marks maybe, but what little support I see is just below that. 1.80-1.90...After that, real support is at 1.60-1.70

The RSI-14 has not hit the oversold point yet. That does not mean we can't have small rallies without hitting 30. I just find that when we hit 30 we are coiling up for a big oversold rally, where all the traders jump in and push us higher. When those rallies become overbought I take some off the table. You just have to be patient and wait for them to come along and be ready for them. Cash on the side in order to get in, do chase it once it starts to move and then don't get greedy and get out, don't try to catch the very peak or you end up being the bag holder.
Sometimes it looks like the oversold condition is coming but fails to matereialize, you just have to wait for one to happen.

I use a separate stash of funds for the oversold rallies I use any gains
to accumulate more shares in the long position.