BRN 20.5% 23.5¢ brainchip holdings ltd

Anyone wanna play Elliot wave theory for our current position?I...

  1. 1,974 Posts.
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    Anyone wanna play Elliot wave theory for our current position?
    I suggest we are starting C leg in Wave 3. Wave 3 in theory is the most powerful & longest move of the motion and is broken into 5 moves.
    With leg A & B being completed, leg C often blows past leg A SP position with a gap signifying the significance of the move. (which i hope occurs today as things align nicely)
    Of course not much theory applies to us here on the Braintrain with so much in the pipeline and rumoured.
    $1.50 has been my target since last Septembers high, I maintain my enthusiasm on us reaching it, even though the current pattern reaches higher.
    Good luck this week.https://hotcopper.com.au/data/attachments/3022/3022891-3363ce30199f42e807113cd7b02b7a59.jpg

 
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