BRN 12.3% 25.0¢ brainchip holdings ltd

Chart, page-7331

  1. 2,961 Posts.
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    Hi Folks

    I haven't posted for a while.

    The next couple of weeks are going the prove privitable in the near future.

    On the weekly charts, we don't want for the weekly Hi-lo candles to fall entirely below the 10WMA . Not good especially if it happens for a second week as well. The 10WMA is currently at 0.53 and rising which is still a bullish sign.

    On the positive side if we start rebounding soon then

    The A wave from 0.305 to 0.68 is followed by a B wave from 0.68 to 0.485 which is a retracement of 50%

    Whoever If we could continue to turn up into the C wave extentions.

    Then the C Wave extentions are Ext23.6 = 76.5 and Ext38.2 = 0.82

    Lets see how it plays out.

    Just the way I deal with the markets, DYOR.

    good luck folks.

    cheers Lies



 
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