2024 BrainChip Discussion, page-4059

Really hard to read - an accumulator slowly picking-up shares?, or LDA off-loading which would push the price down?
However, they can possibly mitigate that by pumping it up a bit in between buys.

The low volumes make it read like:

• there are very few real players in the room (maybe even just one).
• and they are happy to stretch (whatever they are doing) over an extended period.

Leading-up to the release of the 4C (likely Friday 26 April based on history, but must be before Tuesday 30 April being the last day of the month) I would be guessing 90% of people would be waiting to see if there has been an uptick in reported revenue.

I have said before, my guess is this is unlikely given all of the public data online suggests potential license customers (that we know of) are still busy with R&D. But, BRN is playing its cards close to the chest.

In summary, I haven't got a clue but the Bolli Bands are tightening which (my Tarot Card reading friends tell me) indicates a possible break-out. They didn't say UP or DOWN.

And I think that all depends on the 4C or an announcement out of the blue.

Remember, this is a short term prognosis - IMHO the longer term has some encouraging signs.