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zAngus
Sep 2, 2020 7:18 AM

BRN:ASX - BRAINCHIP - AI / Machine Learning stock running hard Long

BRAINCHIP HOLDINGS LTDASX

Description

Big up day today on news of a collaboration agreement with Vorago Tech (privately listed). It is a stock I have been in and out of a few times over the last month as I didnt want to keep my stops so wide. Caught most of todays move thankfully. I like the sound of what they do. The whole BRN is "a leading provider of ultra-low power high performance AI technology" sounds good to me long term. One to watch perhaps after a more significant pullback.

Comment

Big 100% run off BrainChip.

Comment

Recovery underway hopefully. Up 8%.

Comments
cryptoGregV
nice move.. great morning they are having as well
zAngus
@cryptoGregV, yeah - BRN and YOJ have been hammering.
Shanhira
Hi, BRN gave a nice move and appreciate your buy call on it. I want to make a new position on BRN what do you think it's going to correct more or should I buy at the current rate.
Thanks
zAngus
@shankargiri, I dont know. I like the idea of what they do, but not their revenues. In theory they might be at a support type area so look for a bounce and for it to run higher - or a capitulation and it heading lower. Short version is Im out of it for now, but have set an alert if it goes back up.

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