Hi folks
Nothing surprising going on in the charts.
It looks like that waterline is at 25 with a couple of dips down to 24 and 24.5. Yesterday we saw another splash. A few more bounces wouldn’t surprise.
A short bounce for a couple of days and a quick return to the waterline could be a herald to the next leak downwards. Alternatively this waterline may still play out for a while.
The last time the SP was at this level in a sustained downtrend was Sep last year and we all saw that leak downwards to the 16-18 range. The news following Sep is no different to the news currently surfacing.
My comparison chart is indicating a further downtrend in the coming couple of weeks. But DYOR
cheers Lies
Brainchip Chart, page-630
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.3¢ | $7.637M | 34.28M |
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| No. | Vol. | Price($) |
|---|---|---|
| 15 | 503753 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 196385 | 4 |
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