BRN 0.00% 20.0¢ brainchip holdings ltd

Chart, page-16591

  1. 807 Posts.
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    Nice analysis Peter, looks like the chart is painting a similar picture for most and there's still some indecision as to the next direction. Will be interesting to see if it breaks that 50 RSI support or bounces back off it, it's also been a key level for me. Quite a long time to not trade under the 50 RSI for 3 months. If using the RSI as an indicator since October it could also fair well to apply the fib retracement from October.

    That descending triangle indicates downward pressure of $1.33 so will be surprised if it holds if it is tested again.
 
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