BRN 2.44% 20.0¢ brainchip holdings ltd

Traders...Why all the panic & fuss...This is my strategy in...

  1. 997 Posts.
    lightbulb Created with Sketch. 233
    Traders...

    Why all the panic & fuss...

    This is my strategy in being a shareholder (BRN)...

    An initial sizeable entry at 0.105 in BRN after countless hours of research...
    Sold 50% at the base of the first long red candle at 0.765...
    Sold the rest at 0.460 at the ''consolidation phase''...
    That was my first ''trading block''...
    Full entry & full exit...

    My second ''trading block'' was an entry close to the 61% fib retracement (0.97 to 0.39)...
    Which I entered at 0.42 with an initial position...
    Not too concerned about the sp atm...
    I might even add another similar value position shortly...
    It just takes ONE major announcement to send the sp up again...
    There is too much ''positive technical stuff'' involved in BRN that 95% or so of traders DONT understand!

    Now IF your trading plan is not working for you...
    Use real time in the market as the BEST teacher to ''hone'' your trading strategies!



 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.