BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Fastback6666
Regular
I love the refresh button today - so entertaining.
Now what's going to happen at close - new day high or profit takers sell....hmmmm
Notice the instos already have their sell wall set at .24 to slow the rise and hold it down.
Now what's going to happen at close - new day high or profit takers sell....hmmmm
Notice the instos already have their sell wall set at .24 to slow the rise and hold it down.
Mugen74
Regular
Try and make Optus fail more often?
Optus is the biggest shorter to us !Try and make Optus fail more often?
Pom down under
Regular
How unfortunate for the employees that might have cashed in some shares recently, now they now how we feel.
Pom down under
Regular
Because the asx are probably covering there shortswhy there is no speed ticket today?
buena suerte :-)
BOB Bank of Brainchip
If you following Share Price charting - a technical BUY was also issued on BRN stock yesterday - as the stock had been steadily moving up and confirmation of some buying support was there. That is part of what today is, the other part is we were mass oversold and mass selling had been primarily complete for a while and simply time to move back up with tech sector sentiment improving in the last week.
Honestly Instos could only hold the price down below .20 for so long as that was stupid cheap... you could see the instos buy and sell walls holding the price down below .20 on the daily - it of course will continue as have no doubt that there is mass accumulation occurring down here at these levels by instos grinding and keeping the price down here as long as they can while they grind away at any buys they can get!
The move has nothing to do with company news.
Simply the tech sector recovery has finally made its way to BRN.
What Brainchip management need to take advantage of here is release some damn good revenue associated news along with this recovery then watch the
SebThatGermanChap
Regular
Gonna be an interesting auction today!
buena suerte :-)
BOB Bank of Brainchip
mrgds
Regular
Not often we see the s/p close higher than the daily high, after the auction.
Rskiff
Regular
I doubt it, as every time brn goes up in a good chunk, people always come out and predict a announcement and are disappointed. The company has proven time and time again not to leak. But who knows?
.
Pom down under
Regular
mrgds
Regular
Great post @Fastback6666 ................... its been my "uneducated veiw" that the accumulation has been happening all the way down from at least 50cIf you following Share Price charting - a technical BUY was also issued on BRN stock yesterday - as the stock had been steadily moving up and confirmation of some buying support was there. That is part of what today is, the other part is we were mass oversold and mass selling had been primarily complete for a while and simply time to move back up with tech sector sentiment improving in the last week.
Honestly Instos could only hold the price down below .20 for so long as that was stupid cheap... you could see the instos buy and sell walls holding the price down below .20 on the daily - it of course will continue as have no doubt that there is mass accumulation occurring down here at these levels by instos grinding and keeping the price down here as long as they can while they grind away at any buys they can get!
The move has nothing to do with company news.
Simply the tech sector recovery has finally made its way to BRN.
What Brainchip management need to take advantage of here is release some damn good revenue associated news along with this recovery then watch the
The accumulators haven"t cared whether they buy at 50c, 40c, 30c, as imho they know its worth much more, but of course with deep pockets they were able to drag the s/p down to rediculous lows. I genuinely feel for any shareholder that had to sell for any unforeseen circumstance.
Here's hoping Sean's and Tony's "Un-announced Investor Trip" will warrant a positive price sensitive ann soon!
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