BRN 5.66% 25.0¢ brainchip holdings ltd

See what I mean by taking small parcel's atm. Wider market still...

  1. 4,156 Posts.
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    See what I mean by taking small parcel's atm. Wider market still abit dodge. But I think over the next 12months just add here and there. I really don't know how a high volatility but heading towards lower rates will affect BRN but I know for certain the PA is constructive atm. Nothing new today I guess.

    If I place a vertical bar around this years AGM it notable that there's more area outside of that wedge. Now for that to hold true PA must chop sideways and obviously not take out further lows from here. I think that's important food for thought to keep in the back of our minds for now. If they line a big deal up around AGM this thing will be gonekies up.

    But yeh be patient.

    Risk is though we get to May/June and FED is forced to raise rates much higher and causes 3X vol and causes everything to drop. So it's not a done deal just yet.


    https://hotcopper.com.au/data/attachments/5109/5109959-2efb127451ebb7899b7d3f664a6c3537.jpg


    MK.
 
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