Australian (ASX) Stock Market Forum

BRN - Brainchip Holdings

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Joules MM1 said:
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
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nice mining operation on this yesterday

and not a dead dog and not a buy signal....likely to struggle for months to come
 
I was into this a while back. Trying to buy into an Aussie AI prospective company.
Got out as I could not really understand it AND I was losing money.
Gave Brainchip my Brainchop.

Good luck to holders.
 
BRN has gapped up today after announcing the availability of the Company's powerful neural network converter which enables users to easily convert existing convolutional neural networks (CNNs) to an Akida compatible event-based spiking neural network (SNN). The converter is integrated with the Akida Development Environment (ADE) to provide network conversion and simulation.

This from the COO:
Roger Levinson, BrainChip COO commented, “The low power inherent in the Akida device will set a new standard in neural network design, implementation and performance. With no barriers to utilizing the Akida platform, Edge solution developers will have their cake and eat it too. They can leverage existing CNN solutions as well as incorporate next generation SNN solutions all in a single development environment and on a single device and achieve a low power solution without sacrificing performance.”
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The bottom looks to be in for BRN at 4c, which it touched back on 21 and 22 May. Today it is up 21.31% to 7.4c on high volume of around 43 million shares.

big.chart-BRN.gif
 
greggles said:
BRN has gapped up today after announcing the availability of the Company's powerful neural network converter which enables users to easily convert existing convolutional neural networks (CNNs) to an Akida compatible event-based spiking neural network (SNN). The converter is integrated with the Akida Development Environment (ADE) to provide network conversion and simulation
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Closed last week at 9.2c from a recent low of 4.0c a month ago so it's going nicely thus far.

Disclosure: Holding a small amount.
 
the speccy end means speccy on something unproven, except one thing: the market gets ahead of itself even tho the product is unproven, so, we could say the speculation itself is being tapped, a whole art unto itself, while there is a small uptick in the 13week TMF (not much has traversed thru chi-x so volume reflected is pretty much what you see is what you get)

.....with socionext taking all the work of building and proving the akida chip, speculation from the retail sector should see an upswing in price to re-reflect that unbridled fervour that use to exist for BRN back in the SNAP days ......
 
missed getting this back in the monthly comp and not holding but i like to follow on ideas to see how they play
https://www.tradingview.com/x/ET79KFrs/
not a lot changed since the rotation at the 127.2% low, bid continues to be constructive (even more so can be said inline with how an impulsive trend should look) and the Twiggs 13 week money flow has confirmed todate by crossing back thru zero
 
No it’s exactly what happened and it’s not being a smart arse I’m trading it myself
The point I’m making is there doesn’t have to be a Currently known reason
It may become apparent soon. You seem to find it hard to accept that price can
Move strongly for no reason. If you look at the chart the pattern price action was coiled for a move like today.

learn to trade and you might pick up a trade or two like this
That’s not being a smart arse either!
 
tech/a said:
No it’s exactly what happened and it’s not being a smart arse I’m trading it myself
The point I’m making is there doesn’t have to be a Currently known reason
It may become apparent soon. You seem to find it hard to accept that price can
Move strongly for no reason. If you look at the chart the pattern price action was coiled for a move like today.

learn to trade and you might pick up a trade or two like this
That’s not being a smart arse either!
Click to expand...

Nope, you're being a smart arse. Stocks with the kind of volume that BRN has don't just pop 30% in a day for no reason. You're arrogance and ego continues to shine...what is with "your learn to trade" comment--seriously, stop being a dick. I've been long on BRN and holding my position for the past 48 days, which is why it's 30% pop today got my attention. Now run along and stop trying to prove you're smarter than everyone else. I'm looking for some genuine input as to what might have been driving today's pop and the increase in volume over the past 3 days. I'm not interested in you trying to educate me on the broader theories of price movement, I'm just interested in hearing if there is something happening in their space that is driving the price--something a little more insightful that your more buyers than sellers comments.
 

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