Brainchip Chart, page-670

been watching BRN for a while now didnt get on that last run up unfortunately was tied up in an oil and gas lemon which im still in and cursing my timing but anyway. even porn stars get pregnant haha.

3 likely scenarios here for mine. all based on closed price of the candle i dont care what it does during the timeframe. closed price is the real sentiment as we know.

bounce off 0.20 where its currently touch and go as its below all the EMAs on weekly and daily. it is oversold on the daily and theres a slight increase in volume which is about all its got going for it.

drop to 0.15 and bounce more likely in my opinion. already bounced off it twice at the start of the year so its a solid support line, a triple bottom on the weekly would be delicious and considering the selling not completely exhausted on the weekly timeframe, it looks like it might float back down there. no news, low volume, tax time of year, indicators saying its going lower. 0.15 looks like the front runner as its a bit of a psychological price point much like 10 and 20.....hence the increase in action around those numbers historically.

drop further to 0.10 and bounce. potentially roll off a cliff to 0.10 but wouldnt close there i dont think but then again, this is a chart of emotional humans and money so anything's possible hahah

all just my lofty opinion and im by no means a millionaire haha.......just watch for volume and see how it plays out.