KaroleinD

EKSO - Swing for this week

Long
NASDAQ:EKSO   Ekso Bionics Holdings, Inc.

EKSO closed at $2.72 on Friday it seems to have broken out on the 08/07/2018 after earnings and continued to swing up to the 08/15/2018. It looks like it pulled back on both Thursday and Friday.

Average Daily Volume is about 885K. It has been able to close above the 200/50/20/10 day moving averages which shows a possible new uptrend forming.

ADX is over 48 ( over 25 shows a strong trend UP or DOWN)
DMI+ is over 36 ( strong uptrend)
DMI- is over 10 ( weak down trend)

Possible price points for next week will be

Pivot point is 2.78 anything ABOVE 2.78 will swing up to
R1-2.9
R2-2.97
R3-3.09
R4-3.21

Pivot point is 2.78 anything BELOW 2.78 will drop to
S1-2.66
S2-2.59
S3-2.47
S4-2.28

I will be looking to enter at 2.65-2.67 with a stop loss at 2.46. I will be looking for a swing to 3.1 + and will use a trail stop after it can confirm a continued uptrend.




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