BRN/AUD - A prosperous 2020
From a technical perspective, Brainchip Holdings (ASX:BRN) ticks all my boxes. I believe we're at an ideal buying location for both traders and investors looking to add to their position.
My reasoning:
Hit the LIKE button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.
My reasoning:
- Location: Bottom of range
- Structure: Triple bottom, "W" price structure
- Divergence: Huge OBV div, confirmed div in histogram, Willy div
- VPVR: Currently sitting at the POC. Large hole in volume above price, approx 125% potential if price clears 0.076c
- Weekly gap left @ 0.201c (marked by green line)
Hit the LIKE button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.
Trade active
Daily 200MA cross has flipped from resistance to support.Note
Locked and loaded, inverse H/S coming in on the weekly. Expecting upwards movement within the next couple of weeks.Note
Boom!Note
Prosperous indeed! 4x from the start of the year.Note
740%Note
1500% Note
3000%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.