Technical Analysis

[Silverson]

A close below .81c makes for a bearish case, a close above $1.27 makes for a bullish case In my opinion.
we could potentially be testing low target range (.81) between now and second week of October, historically September is not a great month for markets globally. I will personally be using the next month to add to my position (been a holder since AZK). If we hold above .81c then I expect November and December to be kind to me!

Big few weeks coming up. I will be watching with excitement. (And no finger nails)

 

[Deleted member 118]

Hmmm a million buy. I wonder if a shorter knows something we don’t

 

[Deleted member 118]

Someone is still accumulating and I wonder if we will see another load sold cross trade @ 0.89 soon

 

[Falling Knife]

Traingles are interesting patterns to watch.


This one, forming on the daily, has to break on or before October 14th.
Interesting targets, pending on the Bull or Bearish view, if it remains valid.
Is one piece of the potentially millions of pieces of news that we all know is coming going to drop by then to make this a reality?
Is the accumulation phase drawing to a close?

View attachment 16792

Patiently waiting our reward we are

Something has to happen

Im still patiently waiting the FIn statement and the patents which could coincide with the end of this formation

 

[Cyw]

Someone is bullish BRN.

Trading central has identified a bullish signal on Brainchip (ASX:BRN) following the formation of a pattern over a 41-day period, which is roughly the same amount of time the share price may rise from the close of $0.91 to the range of $1.26-$1.34 according to standard principles of technical analysis.

 

[Falling Knife]

Traingles are interesting patterns to watch.


This one, forming on the daily, has to break on or before October 14th.
Interesting targets, pending on the Bull or Bearish view, if it remains valid.
Is one piece of the potentially millions of pieces of news that we all know is coming going to drop by then to make this a reality?
Is the accumulation phase drawing to a close?

View attachment 16792

Patiently waiting our reward we are

Interesting times indeed.
I have redrawn so as to capture the latest few weeks action.
IMO this is still a possibility
Slight break today to the up side.
Do we now get a continued push through with some volume before or after the 4C?

Delivery of a positive one may give us the green light.
Still optimistic of that being the case.

 

[Braintonic]

What ever happened to Dolci? Are you still out there?

 

[Andy38]

What ever happened to Dolci? Are you still out there?

I happened to look at charts on the crapper and she had posted as recently as last week

 

[Falling Knife]

If we keep it very simple this is what I see as the next move:
Just following the 9 (yellow) and 21 (orange) day SMA and reviewing historical ranges.

A good trade in anyones language.

Of course I have excluded the aberration (from wed 20th October 21 to 19th Jan 22) which moved 406% from 46c to $2.34
1000 eyes know this will be a recurring range in the future

 

[dippY22]

If we keep it very simple this is what I see as the next move:
Just following the 9 (yellow) and 21 (orange) day SMA and reviewing historical ranges.

A good trade in anyones language.

View attachment 19381

Of course I have excluded the aberration (from wed 20th October 21 to 19th Jan 22) which moved 406% from 46c to $2.34
1000 eyes know this will be a recurring range in the future

Interesting. Are you able to reproduce, this time with a line for the US S&P 500 for the last 8 months or so?

 

[Falling Knife]

Interesting. Are you able to reproduce, this time with a line for the US S&P 500 for the last 8 months or so?

Yep
I have changed the 9mma to white to make it more clear

 

[Vojnovic]

This is highly speculative and optimistic, but I can't ignore the potential formation of an inverse head and shoulders following the Jan drop. If a H&S was to form, TA would dictate a good ending to '22.

 

[Flenton]

What does it show after today's activities?
I'm interested in people interpretations.

 

[Ethinvestor]

It means that the Head and shoulders theory is out the windows lol
Anyway this kind of a market looking for a earnings and stable profits… a reminder that fundamentals are as important as well as technical..
But BRN was always a long term hold so this is a great opportunity to buy more and $ cost average and wait 1-3 years to reap some nice profits and rewards

 

[Vojnovic]

Yup, the recent spasm messed up the pattern formation. Only positive news would turn it into a 'fakeout' and resume course. I agree with Eth, it is BRN's potential and future fundamentals that attracted long-term investors.

 

[BigDonger101]

Freedom of speech mate, say what you want nobody has a right to control what you say, you can set up a thread for market manipulation nothing stopping you unless you don't know how to start a new topic.

A decentralized social media would be pretty cool....

That is where real freedom of speech could flourish.

Quick tree shake, we already know what happens when non-material hype train news gets released.

Also funny to see all the emotions coming out with a price drop (obv not you, but definitely others)

Co is always forward moving and I love it.

 

[Falling Knife]

Love this clip.

h00ts from HC offered it there.
Worth a laugh here too

Aint getting mine....




And a PDF on off screen trading attached below

 

[Labsy]

Prediction: Here comes the pump.... accumulation phase complete....
Investor confidence returning...

 

[Deleted member 118]

Currently we are sitting extremely close to our closing share price this time last year well myself I wasn’t expecting that nor 90% probably more new investors that brought in this year.

 

[Ethinvestor]

My life was a bit full on so i missed couple of post in the last 2-3 months …but .. When the market opens tomorrow i be entering as this is a very bullish signal - as always watch my success rate and enjoy the ride lol