Zooming in. Volume from the steep fall from the prelim break to...

Zooming in. Volume from the steep fall from the prelim break to 52 back to 40ish, has been followed by several good volume days and an upward movement. There have also been 4 red high volume days, but price over that period of time has moved up. I think whoever was exiting is now largely done.

This is a basing pattern that is being mimicked across many growth stocks across several US companies. Whether it eventuates to a new upward move is yet to be determined but the realization since the NVIDIA results and forecast that we are moving into a new era has started to dawn on the wider audience where FOMO kicks in. There have been many who have foreseen this move for sometime but the market totally failed to understand and probably still fails to understand what's occurring but realizes now "something is happening".

I suspect Brainchip will, one day in the near future, drop an announcement with a Tier One partner that will mint several new millionaires off the back of Brainchip.

FOMO once took this to almost 5 times where it is now. My view is BRN is following a classic lifecycle chart of a Company and this pattern represents a bottom and for me, and a time to accumulate.

GLTAH