BRN 0.00% 19.5¢ brainchip holdings ltd

BRN, page-597

  1. 3,400 Posts.
    All good - at least it closed on opening price and didn't go red - lots of profit taking today from 27c run.
    Think someone mentioned that 29.5c was strong resistence so in theory, it now becomes strong support - so that should put a floor under the share price
    Lots of traders trying to skim profit - good luck to you if thats your strategy - like a few people commented in that they have less shares due to trying to trade this stock and other stocks - one day you will figure it out for yourself that trading is a "zero sum game" lol but thats part of what makes the market a casino and has been for many years
    I know some among us are better at trading than others but not many -

    If you think this company is going to be great then just go long and most of you will make more money - the odds as a trader are truly against you even if you make a few good trades you will eventually lose all your profit - however in saying that , most cant help themselves as they think they are bigger than the market - thats the problem lol
    Traders love liquidity and boy we have had alot of that lately
    Schu
 
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