Technical Analysis

TasTroy77

Founding Member
Yes I’m keen to find out very soon who has been accumulating BRN



And I hit the jackpot yesterday on a coin so got more money for some BrN shares,



Accumulating BRN speculation- ARM, ARK invest,INTEL, Nvidea, Elon
Any of those would be great 👍
 
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Lith galor

Emerged
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db1969oz

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TheDrooben

Pretty Pretty Pretty Pretty Good
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Labsy

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Next run up to 1.50 I reckon, in next coupla weeks....
Stranger things have happened ;)
(Warning:blatant upramping alert) DYOR.
 
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hsc108

Member
Have we filled the gap? What do we think?
 
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TheDrooben

Pretty Pretty Pretty Pretty Good
Have we filled the gap? What do we think?
Gap filled today looking to hold support around $1.01. A nice big green candle tomorrow and finish above $1.14 would be a signal of reversal IMO
 
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D

Deleted member 118

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Have we filled the gap? What do we think?


But if it ain’t I’m off to Bunnings

 
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hsc108

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Either way. I'll be trying to free up some cash to top up!
 
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db1969oz

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Either way. I'll be trying to free up some cash to top up!
I got some more @ $1.01 today.🥳
 
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Deleted member 118

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db1969oz

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TheDrooben

Pretty Pretty Pretty Pretty Good
Need to watch the 50 day sma v 200 sma. 50 day turning down do not want to see it cross the 200 day sma.....may signify a death cross. TA traders will be all over it. The big shorting campaign lately has kicked us in the arse. Big few days/weeks ahead.
 

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With such low volume on open, and SP remains positive, it would appear the shorting is running out of steam.

The smallest thing such as a tech news rumour would absolutely destroy the shorts right now. You can sense the vulnerability of if all. Day traders appear to be in control now.

The last few days BRN was smashed down 30c. ASX appears wobbly yet BRN holding up. Sure. Someone or some group of sellers are holding it down. Bit of a wall forming up to $1.10.

Suggest this is likely to be favourable for BRN holders 😁

But as always, beware the day trade and shorting.
 
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With such low volume on open, and SP remains positive, it would appear the shorting is running out of steam.

The smallest thing such as a tech news rumour would absolutely destroy the shorts right now. You can sense the vulnerability of if all. Day traders appear to be in control now.

The last few days BRN was smashed down 30c. ASX appears wobbly yet BRN holding up. Sure. Someone or some group of sellers are holding it down. Bit of a wall forming up to $1.10.

Suggest this is likely to be favourable for BRN holders 😁

But as always, beware the day trade and shorting.
Well. The wall to $1.10 is gone. Next level?
 
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Labsy

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Well. The wall to $1.10 is gone. Next level?
Feels like instos are adding to their holdings...
Our little BRN is very popular, don't u worry about that...
(Pure speculation)
 
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Deleted member 118

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Looks like the buying line is going to start attacking the selling very shortly.
 
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Here we go again. Lots of positive signals today following some very good exposure from the RT podcast with edge impulse. That podcast will have been viewed by many and the overwhelming positive accreditation by edge impulse of Akida in my view confirms Akida is the key to many future products that will come to fruition with Edge Impulses assistance.

US market positive - ✅
ASX SPI positive - ✅
Previous close green candle - ✅
Strong positive indicative open - ✅

Similar position to mid may we sat at $1.10. 2 days later we tested $1.30 resistance, crashed through to $1.35 but unfortunately didn’t hold as shorters smashed us back down very quickly.

Hopefully the shorters are weak and today we can go straight to $1.30 in early trade. The traders have a wall set similar to the $1.10 wall yesterday. The RSI suggest we aren’t over bought yet, so traders will be buying in. Again beware the traders will try to sell down at some stage as they tried after open yesterday.

Wouldn’t it be nice to get there and stay there! Todays trade will be fascinating to watch.

Disclosure. I get it right some times and happy to admit get it wrong as well. Toss a coin and you can get the same result😁. I just like to call it how I see it.
 
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D

Deleted member 118

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Here we go again. Lots of positive signals today following some very good exposure from the RT podcast with edge impulse. That podcast will have been viewed by many and the overwhelming positive accreditation by edge impulse of Akida in my view confirms Akida is the key to many future products that will come to fruition with Edge Impulses assistance.

US market positive - ✅
ASX SPI positive - ✅
Previous close green candle - ✅
Strong positive indicative open - ✅

Similar position to mid may we sat at $1.10. 2 days later we tested $1.30 resistance, crashed through to $1.35 but unfortunately didn’t hold as shorters smashed us back down very quickly.

Hopefully the shorters are weak and today we can go straight to $1.30 in early trade. The traders have a wall set similar to the $1.10 wall yesterday. The RSI suggest we aren’t over bought yet, so traders will be buying in. Again beware the traders will try to sell down at some stage as they tried after open yesterday.

Wouldn’t it be nice to get there and stay there! Todays trade will be fascinating to watch.

Disclosure. I get it right some times and happy to admit get it wrong as well. Toss a coin and you can get the same result😁. I just like to call it how I see it.


The have sell orders all the way through the sell side in excess off over a million
 
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Here we go again. Lots of positive signals today following some very good exposure from the RT podcast with edge impulse. That podcast will have been viewed by many and the overwhelming positive accreditation by edge impulse of Akida in my view confirms Akida is the key to many future products that will come to fruition with Edge Impulses assistance.

US market positive - ✅
ASX SPI positive - ✅
Previous close green candle - ✅
Strong positive indicative open - ✅

Similar position to mid may we sat at $1.10. 2 days later we tested $1.30 resistance, crashed through to $1.35 but unfortunately didn’t hold as shorters smashed us back down very quickly.

Hopefully the shorters are weak and today we can go straight to $1.30 in early trade. The traders have a wall set similar to the $1.10 wall yesterday. The RSI suggest we aren’t over bought yet, so traders will be buying in. Again beware the traders will try to sell down at some stage as they tried after open yesterday.

Wouldn’t it be nice to get there and stay there! Todays trade will be fascinating to watch.

Disclosure. I get it right some times and happy to admit get it wrong as well. Toss a coin and you can get the same result😁. I just like to call it how I see it.
Todays trading is playing out very similar to yesterday, albeit on higher volume.

SP has been traded and not hard to see pip traders salivating on the easy money.

I get the feeling though, like yesterday, the buying will come in after lunch trading and push through very quickly to $1.20 like yesterdays gain. From then, higher or lower, we’ll leave that fate to the shorters who will possibly re-enter to try hold it back again. We all hope they fail. US futures direction still not clear. Could impact!

I still think SP is being played and will be until there is continuous exponential growth in consecutive quarters. If you don’t like roller coasters, either get off or just simply shut your eyes until we reach our destination.

My opinion as I see it (in the tea leaves) and after I tossed a coin 😉
 
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