Another interesting chart:

Heavily overbought, and one would expect a move back to the upchannel (from the $1.28 where it closed today). However, keep this in mind:

On Sept. 27 Jilun purchase 649,627 shares of the company, on Sept. 28 Jilun added 196,610 shares, and on Sept. 29 he bought another 460,500 shares of EnSync. Since the trade EnSync's market price has gained an estimated 5.32%. EnSync has a market cap of $47.16 million, an enterprise value of $32.93 million, a price-book (P/B) ratio of 2.86 and a quick ratio of 13.71. EnSync was incorporated in 1998 and is headquartered in Menomonee Falls, Wisconsin.

EnSync Energy Systems is a leading developer of innovative energy management systems. The company is enabling the future of electricity with advanced energy management systems critical to a global economy becoming increasingly reliant upon the expansion of renewable energy. The company was formerly known as ZBB Energy before the company changed its name to EnSync. On Aug. 17, 2015 the common stock began trading under the name EnSync after shareholders approved the name change.

It's possible that Jilun purchased the shares because the company has patented technology that is not easy to replicate. EnSync has a patented solution with its matrix energy management that can synchronize energy from any source, both conventional and renewable. "The matrix is a fully configurable UL-certified system for the commercial and industrial markets as well as distributed assets in the electrical utility market. As the matrix is considered a 'platform,' it provides a roadmap for incorporation of features, functionality, capabilities and higher power ratings, whether created organically or from third parties." - EnSync 10-K

EnSync Insider Purchases 1,306,737 Shares

Revenue per share has fallen quite steeply though (see here)