BRN 0.93% 26.8¢ brainchip holdings ltd

Hi folksJust a follow up on previous BRN chart.The small cup and...

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    Hi folks

    Just a follow up on previous BRN chart.

    The small cup and handle pattern I discussed in my earlier post continues to progress. Todays high so far of 0.64 is mildly significant as it surpassed the 0.625 peak set on the 19th.

    That sets up for the next resistance target at 0.685 it could take a while. It could well bounce back down if it reaches it. Maybe back down to the range of 0.63- 0.65 I think its too soon to push straight through it.

    If that plays out, then the set to form the right lip of the small cup at the 0.74 - 0.79 range, looks good.

    Just the way I deal with the market so that I am not surprised by what plays out, as always DYOR.

    We shall see.

    cheers Lies

 
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