BRN 2.86% 18.0¢ brainchip holdings ltd

Chart, page-12423

  1. 742 Posts.
    lightbulb Created with Sketch. 488
    I am not on my computer so can't share my chart, but I will say this. Brainchip has had a long downtrend. a dribble day by day. maybe that's hard for some to swollow, maybe you have sold out in fear of it sliding further ? but if you are one of the faithful long termers, I do believe we have hit the bottom. I think this is the start of a big reversal. looking at the chart alone, I am seeing a potential Cup and handle pattern forming, where we are currently finishing the handle with a decrease in volume. from its recent little run.

    or another way I see it is that the last run is a Flagpole with the flag being finishing up now. a breakout from this range, let's say break out over 50c will confirm this IMO. and if we do break out from this 40c range and break into the 50c Chanel I do believe we will aproch 60c quite rapidly.

    however if we can't break trough 50c this time around we will need decent price sensitive Ann to move up further.

    this is just how I see this play out. and with news expected regarding new CEO and potential IP contracts I think anyone betting against Brainchip at these level might have a very rude awakening.

    time will tell, just my opinion.

    AKIDA BALLISTA
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $342.8M
Open High Low Value Volume
17.5¢ 18.0¢ 17.5¢ $236.7K 1.319M

Buyers (Bids)

No. Vol. Price($)
9 108793 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 1356571 27
View Market Depth
Last trade - 12.32pm 21/08/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.