BRN 2.13% 23.0¢ brainchip holdings ltd

Competitive landscape, page-2804

  1. 1,750 Posts.
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    The third Friday of the month is the expiry date of options, Puts for going short, Calls being long.

    So Fri 18th would have been a good day to sell Puts. The Short mob will now look for the next local high,
    who knows where that price point might be, or when.

    You can be sure the short mobs will be looking at their fibbo retracement levels.

    Right now we are having a bear market (corrective) bounce IMO

    However down ramping shorters will not go away on any permanent basis, particularly while the Nasdaq
    and general market is bearish - fertile grounds for profit. They will continue to run the rhetoric of fear
    on an un-relenting basis - you can be sure of this.

    If you believe in the BRN story it is simply a matter of holding tight, there is news coming, no doubt.

    From my technical perspectives the S&P500 will bounce 1st Qtr next year, until then hold tight or hope for Akida2000....
    or a contract would be nice.
 
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