BRN 0.00% 26.5¢ brainchip holdings ltd

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  1. 2,039 Posts.
    lightbulb Created with Sketch. 1239
    No I disagree. The price action isnt at all about the product. From all accounts the products are being pushed through a wider and deeper base with every passing week now. Youve only got to look at how many articles are posted here as compared to early 2020 to see that they are receiving traction. Some serious goals have been kicked this year. Its about us going from 37 cents to 70 cents in 7 weeks (92% thats NINETY TWO PERCENT) thats a metric sh$t tonne of a move and a pullback is certainly due. A pullback that lines up with longer term support being 70 cents which was hit in January, March and April makes perfect sense in my book. Its just market cycle. Obviously we aren't immune to the Omnicron media sensation either. An absence of announcements for the next few weeks could see us drift back to the last base around 60 cents. An agreement would surely have us reaching above 77 cents and close to all time high and beyond.
 
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