BRN 3.17% 30.5¢ brainchip holdings ltd

Hi ChippersJust a quick follow up on my earlier charting post....

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    Hi Chippers

    Just a quick follow up on my earlier charting post. This time I have gone back to the 4 hourly chart.

    Purpose to warn about a quick bounce which could be in fact a Dead Cat Bounce (DCB). Very rarely does a bounce just result in a V shape bounce. DCB are more common. So cautioning about buying into the first bounce.

    The chart explains what I am talking about.

    Just my opinion. DYOR.

    cheers Lies


    https://hotcopper.com.au/data/attachments/4010/4010762-e4ecf6280846e3f8577723bc562d07fa.jpg

 
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