It's difficult to say something here that hasn't already been said today, there has been some excellent information posted here today, but yeeehaahhh and here we are $1 closing first time ever, so this day is something many of us have been waiting to see for a long time.
The excitement here is palpable and I am feeling it strong, as many other members of our community are too, for me the excitement has been building for several months, and even during the recent sojourn into the 30c region I knew that the culmination of what BRN have been building these last few years was approaching a point where the results would begin to flow. Which is exactly where we are now.
2022 has begun with a bang, there has been some amazing technical information shared here today, and I have to make a call out to @ulux in particular, some of the research you put up today was more than intrigueing, it sent shivers up my spine at one point - I owe you lightbulbs mate. On the whole though BRN tops the posting on HC with yet another prolific splurge of information, analysis, opinions and speculation, and the usual tripe from the deadbeaats.
On the speculative side of things I have to say that I'm beginning to feel a wee bit like some other posters here today (off top of my head Yak52, Rexyran, MarketingMan and possibly others I haven't read or don't remember) with regard to the possibility of exponential price growth here. As you maybe aware FF I have already conceded you a correct call re $1 by Xmas, but am thinking that you are playing it very conservative with your $2.75 call this year.
As some others have already elaborated here there are some compelling reasons to believe that some crazy price action could take place here. It could be that I've become intoxicated by fumes of my Penfolds Grandfather Port, which I'm sipping judiciously as write this scrambled rant down, but yes, this deal with ISL is significant there is massive kudos and validation here. ISL are highly respected and connected. Last week it was Mercedes today it's ISL (who we now know are an EAP to boot).
There are a lot of EAPs yet to break cover (not to mention over 100 NDAs), I reckon that some of the naysayers here have not read much of the research that is posted here at all (and if they say they do that is simply pretence), because it is becoming increasingly blatantly apparent that Brainchip Inc have been building out an awesome list of customers and prospectives.
So FF, I'm going to plonk (forgive the pun) for $5 to $10, as the dominoes begin to fall and they don't necessarily need to fall as quick as they have thus far this year, but they will start to drop because they have had the time now to do their research and planning. So my thinking is, that anything is possible from here on out, and your $2.75 is a lay down misere LOL. It is a One Dollar Party Yeah Yeah Yeah.
On the technical side of things, I will be posting another chart shortly for any out there who may have an interest in the dark art of Elliott Wave Analysis; what I can say now is that the conditions (a close above 97c) which I outlined in my previous chart post several weeks ago regarding a possible 3rd wave up have now been satisfied and the $1.03 close has done it with ooomph. So IMO we are now in the much vaunted territory of the 3rd Wave and the dominoes are falling. Have a good one Brainers.
mc
BRN Price at posting:
$1.03 Sentiment: Buy Disclosure: Held
(20min delay)