Australian (ASX) Stock Market Forum

BRN - Brainchip Holdings

Jump to new
both 21 days short term and 13 week money flows had sweep-up and today should break the zero level they've been stuck below now a genuine product is at market

there is clear intent to accumulate and some late chasing forcing an impulsive bid

which is nice
 
Promising Start to the New Year:
Bullish MACD confirmed;
Higher Low confirmed;
Channel Breakout confirmed;
Price and Volume moving up together.

BRN o 02-01-18.png

I hold already.
 
pixel said:
Breakout alert: 22.5cps
Click to expand...

another falsey, pixel ?

mostly retail driven going by lack of volume, at least the zone is being held...they need a decent release to crack the almost 1BB scrip at auction (partly the reason they issued an escrow on some at-market exec shares i guess)
 
My chart suggests 20.5c is still support with sales into 20c caused by some scared retailers. Happens all the time.
I have been a buyer at 20.5 - "North please, Driver." :)

BRN am 19-01-18.png
 
the challenge with fibs in this context is the volume, or the lack of volume
the next question is, how much volume validates the fib which one precedes the other, without volume the what are the fibs based on ? of course the next dilemma (dilemna?) is the fib levels: between 0 and 100% there are some 9+ major fibs (as fractions the number is a double digit depending your reference)
so that poses the challenge of which level carries the greatest probability of being valid, where we are most likely to get a reverse swing or a signal that an endogenous pressure thru the auction is taking place...and hence we come back to the challenge of which leads volume or the fibs.....without volume the fibs lose their validity, but, mostly, the levels carry no significance unless the major fibs are pointed-to as most-oft swung points, but, again, the more common fibs require more volume to transact....but that still does not negate the most important point of fibs, that being, that fibs must fist first have a context, they must be relative to more than two end points, they need to sit within the context of a larger picture and the larger picture then needs one other altering or alternating data point, yep, volume!
...if Carl Sagan was to say everything between two end points is possible how do we know any of them have a higher probable swing point?

if we take the context of the fib placement in this instance it is most likely to be a spiral inwards, in other words it does not offer a perspective of a reverse swing in the largest weekly trend, it may only offer insight into more of the same, a fractal idea within a series of same-size fractal ideas (we commonly call this "more of the same chop!") so we dont know if a price swing, based on say the ATR, is purely concidental if say the popular 61.8 gets hit and sees a .015 move, in context and as a % that's a big move, but, really, without an impulsive volume-driven move the reaction to the level is really in the eyes of the trader not necessarily within the realm of an endogenous auction turnover

this would change if it could be proven that a series of these fractals were shown to build a base when the volume has become consistant within the current price zone and we could argue enough weak liquidity is leaving and enough bid liquidity is entering in stealth ......we would need to view this thru the lens of the 21 day and 13 week money flows which itself might display a fib quality as a %

of course, news release could make this post completely defunct (either price direction)

it's my experience that when the volume is running at it's highest relative to the ADT versus the price range that fibs tend to offer valid targets, again, only in relation to prior swings not in relation to itself....very rarely do i see fibs that offer valid data points when the ratio is relative to itself between 0 and 100 and even then when they do occur they offer no forward price length insight (as is the point of employing them)

a pre-coffee saturday morning 2c worth opnion
 
@pixel
13 week money flow is heading thru zero into + region .....someones soaking up supply more than retail probably ....i'm a buyer in this area and this would be a fairly longterm set
 
Brainchip Holdings looks to have found support at 11c with a double bottom in June. Since then it has been forming a nice looking uptrend and is currently trading at 15.5c. Volume in the last month has been average, which tends to indicate that sellers are in short supply at these levels.

Watching with interest.

big.chart-BRN.gif
 
Another one of your stocks you're watching @greggles has come up on a scan and it does look like it might be ready for a little run.

I'm going to take this stock in the monthly comp with the aim of .23 cents over the next month which will be a return of about 50%. Rising Twiggs Money Flow, the last week has been above 100d MA. Time will tell.

Cheers ... Debtfree
 
debtfree said:
Another one of your stocks you're watching @greggles has come up on a scan and it does look like it might be ready for a little run.

I'm going to take this stock in the monthly comp with the aim of .23 cents over the next month which will be a return of about 50%. Rising Twiggs Money Flow, the last week has been above 100d MA. Time will tell.

Cheers ... Debtfree
Click to expand...

Yeah Chart has been chugging along well @debtfree

Plenty of Cash in the coffers as well with over $11 million

There is some dispute over the Invoice they sent to SNTech for the Licensing and Development agreement which throws a little negativity on the short term SP ….

If they are paid the full Invoice amount it will generate another $600,000+ for the Quarter
 
I'm picking this stock again for the monthly (September) competition. Over the last month it didn't quite reach the heights of .23 cents I was aiming for but at the same time it still hasn't dropped away. I'm probably asking for a little too much but I'm targeting the top of the spike back in October last year of .285 cents resulting in a good 60% profit. My longer term trend has just kick in giving it a bit of support under it as well.
 
SuperGlue said:
Is this the turn around, time will tell.
up 16.7% today
Sometimes this is when capital raising occurs.
Click to expand...
youre on it !

they have to do a CR
but the deep pockets have left in droves, the only thing that can remotely save the company is partnering or having a major player forward order akida

only clueless sophs are going to buy this....retail have already been the clueless mob that have propped it up to stop it hitting zero at speed....
 
The team at BRN have worked hard for many years. They've tried hundreds of variations but they've finally done it. They've created the perfect acronym, NSoC. Wow, isn't this a beauty. It's short for Neuromorphic System-on-Chip. Now that they've got the right acronym they will restructure and raise capital to market the hell out of it.

The marketing will include lots of tech images with even more acronyms.
brn01.PNG

The talking heads on TV will start spruiking it soon. Hey, here's a thought. Will this AI Brainchip replace the talking heads and tell us the REAL reasons for the movement in the stock prices?

Seriously, not a stock I'll ever be interested in.
 
peter2 said:
The team at BRN have worked hard for many years. They've tried hundreds of variations but they've finally done it. They've created the perfect acronym, NSoC. Wow, isn't this a beauty. It's short for Neuromorphic System-on-Chip. Now that they've got the right acronym they will restructure and raise capital to market the hell out of it.

The marketing will include lots of tech images with even more acronyms.
View attachment 94268
The talking heads on TV will start spruiking it soon. Hey, here's a thought. Will this AI Brainchip replace the talking heads and tell us the REAL reasons for the movement in the stock prices?
Click to expand...

that's. just. the. best. hook-post

...i thought you'd gone to the dark side ..you know....where they use copper-art goods

saved by the punchline
peter2 said:
Seriously, not a stock I'll ever be interested in.
Click to expand...

bahaha......
 
from the .04 low to todays high the current swing low is 61.8% retrace at 0.065's , that's a decent level to watch i suspect will get supported, upside resistance follow thru over next few weeks is likely previous swing relationship .174's
 

Similar threads

exgeo
GYN - Graynic Metals
Replies
5
Views
6K
exgeo
exgeo
YOUNG_TRADER
E25 - Element 25
5 6 7
Replies
134
Views
35K
Sean K
Sean K
Top