ASX Shares Brainchip (BRN)

Ah I just realise I still have options on this. Suddenly in the money

 

Silverson,what do you think the best way to to reap the benefits on this company as there is no easy answer.. I'm over 200 percent up on this holding as it seems there is something about this company..imho..

 

I don’t know your circumstances, but I personally am holding for the dividends one day

 

Much the same as yourself as dividends one day would be a bonus and as the long term fundamentals suggest it,s going to pay big time or another blunder..
Still.intend.to hold.
Imho.

 

Been off this forum for a while and after what happened yesterday I thought I'd pop in and say hi

Looks like today will be a pretty interesting day, considering they've made a chip that is a first of a kind. Yeah, I'm up over 200% as well, and somehow I think we will end up more positive by the end of today!

BrainChip Provides Market Update - BrainChip

Its a real pity not many people know what this tech is capable of.....

 

(AUD)$0.132
Today's ChangeUp$0.007 (5.6%)

Bump..

 

Some promising announcements and momentum behind BRN now, an announcement containing revenue or even a partnership with a big name will have $ in front of share price in my opinion. This tech is huge and scalable

 

And it's off!

 

I’ve been in this stock since AZK days, it was my coin jar, Been a long Time coming but as you said show time.

 

Looking good as it went just above 0-200 cents today,all we need now is for the financial media gurus and entertainers to jump on the treadmill and wakco..

 

Now, that looks nice....... and the major announcement hasn't come yet.....

 

Presentation 3rd August 2020:

Brainchip Holdings (ASX.BRN) June Quarter Update August 2020

 

$BRN looking good.. No Local Top yet so, continuation I reckon. All oscillators looking good.

https://www.tradingview.com/x/ldD9Bm86/

Daily is hinting bearish Divergence BUT NO LOCAL TOP confirmed yet so still ' OK ' once it prints bearish divergence on the Daily chart that is the WARNING SHOT to take profit.

https://www.tradingview.com/x/MOsxX8wU/

 

Its all happening... First partnership has just been announced and is great for the validation of the chip.

https://www.asx.com.au/asxpdf/20200817/pdf/44lk7zrghnkvv5.pdf

 

Brainchip share price rockets 30% in a week
Daryl Mather | August 17, 2020 4:24pm | More on: BRN


The Brainchip Holdings Ltd (ASX: BRN) share price has risen by 30% since last Tuesday, and 109% over the past month. This ASX-listed artificial intelligence (AI) company is the largest of its type in the world. It is currently developing what is known as a neuromorphic Akida chip, which will mimic the human brain and nervous system and is a first-of-its-kind technology.

Nevertheless, the company already has products in the marketplace that generate revenue. For example, the Akida neural chip is useful for facial recognition and pattern recognition. Accordingly, casinos use it to monitor patterns of play, payout amounts, dealer behaviour and much more. Many international airports also use the company’s products to detect terrorism suspects, as do 2 European subways to detect wanted criminals.

What moved the Brainchip share price?
The Brainchip share price moved today after the company announced it has partnered with Magik Eye Inc., developers of revolutionary 3D sensors. The agreement is to market a breakthrough solution for object detection, classification and gesture recognition by combining MagikEye’s invertible light 3D depth sensing technology and the Akida neuromorphic processor.

This opens up a new sales channel into Japan. Customers for fast 3D object detection and recognition includes robotics, automotive and emerging consumer products, such as virtual reality and others. The companies can jointly address gesture recognition in smart home applications, such as gaming and other consumer products. As well as, smart transportation and smart city applications are all primary markets for collaboration. This includes advanced driver assistance systems and autonomous vehicles.

Management commentary
In today’s announcement, Richard Wawrzyniak, principal analyst at market research company Semico Research Corp. highlighted that 3D imaging is attracting a good deal of interest in the market and commented that the BrainChip architecture is the “right fit for this class of operations”. He added:

It is not surprising their solution would be paired with the MagikEye’s Invertible Light Technology for real-time object detection in all types of applications, where low power and high throughput are valued elements for success. Semico believes this technology partnership is a winning combination for the market.

Commenting on the partnership, Louis DiNardo, Brainchip CEO stated:

Our relationship with MagikEye is exciting. The innovation brought to the market by their proprietary Invertible Light technology is impressive and this collaboration provides both companies an opportunity to address large and growing markets with outstanding technology to solve difficult real-world challenges.

Brainchip share price
The Brainchip share price rocketed by 17.5% during Monday’s trading, and is up by 30.5% since the open of trading last Tuesday. Its market cap is currently $345 million. Over the past month the Brainchip share price has risen by 113.6%, and it is up by 370%, year-to-date.

 

Is there a price where you will sell out/down?

 

I would consider to start selling down slowly once it exceeds a dollar. At the moment sitting on 1.8mil shares at an average of 4.9c.

 

I have not had a look for several days ,and as I'm sitting on just above half a mill for a buy in at 4--50 cents .
Only my simple opinion but this is not a --one -trick pony, and it grows horizontally by adding more of the unknowns..
Myself I intend to hold till ,looking back it may well be more powerful then Stanford's post graduate programme who on 1996 came up with Google's original search algorithm.. holding long term..imho..

 

BRN.AX - Brainchip Holdings Ltd Stock Barchart Opinion - Barchart.com

 

That’s a lot of BUY indicators