BRN 1.89% 27.0¢ brainchip holdings ltd

Been following this for years, rarely invested (traded a couple...

  1. 5,549 Posts.
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    Been following this for years, rarely invested (traded a couple of times) until a month ago, so in the green now

    Couldn't see a chart thread, perhaps no one cares but here goes

    Daily - years of interminable declines - usual story - folks got excited WAY too early, management continue to promise and under deliver, things take longer than expected and it costs more than "they" said it would

    https://hotcopper.com.au/data/attachments/2181/2181797-04b8fe4fa481f3bd3e0c53e7d30db1f7.jpg

    Zoomed in - price breaches long term downtrend line in January, but the decline has been so bad and holders so jaded, that it has to retrace back tot the line - no surprise there. But price kicks off the line again in late March and has been headed up since and has doubled from 3c to 6c - volume entering near the potential double top - now taken out at 7.1. IMO going back to 10c, but also at a risk of consolidation.

    The newsflow appears to be better, the company developments have reached the pointy end and its now make or break - it works or it doesn't, customers testing like it or they find problems. Regardless, Im prepared to add on technical and ignore the noise. Price is what the market is willing to pay and I think Mr Market might like this story now
    GLTAH

    https://hotcopper.com.au/data/attachments/2181/2181814-912e62e694509cc3337214970a5a050d.jpg


 
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Last
27.0¢
Change
0.005(1.89%)
Mkt cap ! $501.1M
Open High Low Value Volume
26.5¢ 27.0¢ 26.5¢ $1.016M 3.800M

Buyers (Bids)

No. Vol. Price($)
15 1059388 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 166139 3
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
26.8¢
  Change
0.005 ( 1.21 %)
Open High Low Volume
27.0¢ 27.3¢ 26.5¢ 3034679
Last updated 15.59pm 10/05/2024 ?
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