EKSO Explodes on Game-Changing News

By Barrie Einarson

Today’s What Makes This Trade Great? highlights EKSO, a name that absolutely lit up the scanners after some very interesting news hit the tape. To Subscribe to Trade Ideas:
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EKSO announced a deal with APLD (Applied Digital), where the two companies are forming a new entity together. That catalyst alone was enough to send traders into action—and the price action did not disappoint.

As the trade unfolded, EKSO surged more than 100% on the day, at one point reaching as high as 127%. This wasn’t a straight-line move by any means. The stock delivered some sharp, percentage-based pullbacks, which made it a challenging trade for anyone chasing without a plan. But for traders who stayed disciplined and used structure, there were real opportunities.

Many of us in the Trade Ideas trading room were able to take advantage of this move as it developed in real time. These are the kinds of momentum plays where patience and risk management really matter.

Looking ahead, I’m keeping a close eye on this one. The high of the day near 12.71 is an important level, and it wouldn’t surprise me to see EKSO attempt another push later in the session. When I looked left on the daily chart, there appeared to be room for a potential move toward the $15 area, depending on how volume and momentum continue to behave.

I’ve got a price alert set and will let the stock tell the rest of the story.

EKSO was a great example today of how news-driven momentum, combined with trader awareness and tools, can create exceptional intraday opportunities.

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