Just posted on the NAB trade front page... "BrainChip Holdings...

Just posted on the NAB trade front page...

"BrainChip Holdings Ltd is an Australia-based technology company that delivers artificial intelligence applications.
The principal activity of the Company is the development of software and hardware accelerated solutions for advanced artificial intelligence and machine learning applications.
The Meta-TF development environment is a machine learning framework used for the creation, training, and testing of neural networks, supporting the development of systems for edge AI.
Akida Neural Processor IP is enabling ultra-low power and embedded edge solutions capable of supporting a range of neural networks for inference and incremental learning.
The Weekly chart shows BRN traded from the $0.35 high falling to find support at $0.03.
The current consolidation area shows support at $0.32 and the resistance high of $0.64. The current breakout from the declining flag offers the first Buy Zone entry with the higher price target of $0.85.
The positive momentum change at this breakout point is shown in the MACD indicating a swing Buy signal and confirmed with the Relative strength Indicator 14 moving sharply higher over the 50 level.
Brainchip has entered a Primary UP trend from the recent “higher low” following the 3 low points set in the recent price decline.
Trading volume have increased at this current breakout point indicating accumulation from the Buyers.
The Stop loss is shown at $0.48 in the event of a change in trend and loss of momentum."