Morning all
Rather then looking at the day to day pips, lets look at the bigger picture....
AZK is still in the re-rate phase with accepting the option to purchase 100% of Brainchip
This week we had an over shoot on Monday and the SP was exhausted after such a large rise in the short term and then a lower volume retrace occured over Monday arvo, Tuesday and Wedsnesday.
The textbook technicial retrace was completed in an orderly fashion and the rebound began yesterday.
I'm looking at a break of the previous high of 25.5c in coming days.....(could happen today but im not expecting it) - as we know its blue sky beyond 25.5c
IMO - With the research I have done and discussions I had I still feel AZK/Brainchip is undervalued by thats my opinion.
Looking forward to watching the day unfold
Stunning Recovery, page-21
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 308539 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1292113 | 14 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |