Replies to post #3388 on Ekso Bionics Holdings Inc (EKSO)

[skepticone]

I really don't know what to say or do at this point. I was able able to read and study the charts and did well at predicting where it was likely to go. I said it would re-test it's lows, it did, but after that it fell off a cliff. Now there is nothing to indicate when it will turn around, other than the oversold condition. In order for it to break back upward it needs a catalyst. (Management release something encouraging about what they are doing, information or sales, hell, another Fitz-gerald pump, something...)I guess the problem is getting many more facilities to feel as good about the GT as Good Sheperd obviously feels. I know they have 3 of the devices.
I got stop lossed out a while ago and said that was the last. Well, guess what? I lied (to myself) and just took that same amount of money and bought 2,172 shares today at 1.18. Set another stop loss. The only good thing is that I was able to buy a lot more shares (800 more). I am starting to feel like an addict! This stock HAS to turn around,RIGHT?!


I don't understand how management can not make some kind of statement about the share price and how they intend to stand on NASDAQ.

[skepticone]

The only chart I can look at now is the RSI 14 and see that the number of days between low points (15.71 and 20.42), before break upward (in March) was 14 days. This current span is now 12 days(18.29 and 19.40). What seemed to be the catalyst for the break upward that time was the Fitz-gerald article.
He has made one since but it was not encouraging, so it didn't help.
I can't really see how anything he may release could cause an upward spike. I have no idea where the catalyst could come from but we are primed for a big move. It seems like when stocks are oversold as bad as this, sometimes it happens just because it is oversold and sheer momentum moves it once it turns.