BRN 2.50% 20.5¢ brainchip holdings ltd

That was quick. Shot passed the Count back target and 200MMA...

  1. 989 Posts.
    lightbulb Created with Sketch. 286
    That was quick.
    Shot passed the Count back target and 200MMA then closed on the CBL.
    Great news always helps push past milestones.
    Brings in a new bread of investors /traders who look for shares above the 200mma... (Bullish ranging stocks)
    They are more conservative, they like to wait for the SP to be in the OBVIOUS upward trend before buying in.

    Could revisit retest the 200MMA, but hope it staying above here (46atm) sets it up for the next phase, where BRN launches its gravity defying rise over the next next few months/years
    Close over 50, before the weekend crews begin to 'chew the fat' would set up for a stellar open Monday.
    Cant wait for BRCHF to show us the way over night.
    https://hotcopper.com.au/data/attachments/3712/3712711-12574a3c3d78ff6d0207b8accabbbbd2.jpg

    Last edited by falling knife: 21/10/21
 
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