BRN 2.17% 23.5¢ brainchip holdings ltd

now sitting bang on the .618 fib and the upper descending...

  1. 309 Posts.
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    now sitting bang on the .618 fib and the upper descending trendline combined, after the daily RSI went into way oversold again.

    share price is now coming back within range of the initial gap up from way back (orange channel - rough).

    i accumulated at 0.248 yesterday - had no idea the ann was being released literally 20 minutes later.

    chart tells me it's testing the .618 fib again but it needs support. if that's the only ann we'll get in a little while, this thing will fade again i reckon.

    Daily:

    https://hotcopper.com.au/data/attachments/6153/6153234-69ab0f1c8813e2731e132bb59b1348b4.jpg

    30 min:


    https://hotcopper.com.au/data/attachments/6153/6153267-372095745f2d86c5aa026fc53f8ad27c.jpg

 
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