BRN 3.23% 16.0¢ brainchip holdings ltd

2024 BrainChip Discussion, page-8970

  1. 4,229 Posts.
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    You could be onto something there.

    BRN seasonality is indeed interesting.
    2015- Strong in Sept & Oct 250%
    2016- Strong first fortnight Oct 300%, Strong Dec into mid Jan 75%
    2017- Oct 68%, late Dec to late Jan (2018) 37%
    2018- Exception to the rule. Down H2 CY
    2019- Strong Sep-Oct (50-60%)
    2020- Strong all H2 400-500% PLUS a period of 900%
    2021- Late Dec 2020- Mid March 2022 100%
    2021- Oct to Mid Jan 500%
    2022- NOV to new year 25%
    2023- Oct - Nov 35%
    2024- Mid Jan to late Feb 300%

    Takeaways:
    -October tends to be a strong month seasonally for BRN
    - September through February have typically strong gains.
    - Better trading stock than buy and hold.
    - Manage risk appropriately and look for your buy points from SEP.

    The data on BRN's listed history albeit small, irrelevant of opinion supports there's a better than 70% chance that October will produce some decent gains, and that there's a better than average chance if you did pick some up here, you will be rewarded. That is assuming you don't hold onto it if it runs back below your entry level after being in profit.

    IMO DYOR




 
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