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
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $313.9M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $374.8K | 2.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 114498 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1334406 | 26 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| BRN (ASX) Chart |