BrainChip (ASX: BRN) gained by 11.54% today to $0.435 per share on 62.26 million shares of volume its second highest volume day of the last twelve months. It is very speculative but so are the quantum computing stocks everybody else is buying. BRN has a chance of one day becoming the world's #1 largest market cap company.
BRN needs to gain another 22.98% to return to its February high of $0.535 per share.
One Stop Systems (OSS) from its current price of $3.35 per share needs to gain another 36.72% to return to its February high of $4.58 per share.
It is highly likely that both OSS and BRN will breakout to well above their February highs this month. OSS has a lot more catching up to do with the largest upside potential and miniscule downside risk.
OSS currently has a healthy 14-day relative strength index (RSI) of only 64.88 vs. BRN's RSI of 77.76.
One day after NIA's initial suggestion of OSS in February when it closed up by 16.28% to $2.50 per share it already had a 14-day relative strength index of 77.20. Three days later when OSS closed on February 20th at $3.05 per share its RSI was extremely overbought at 87.30, but that didn't stop OSS from rising another 50.16% over the following two weeks to hit a high of $4.58 per share.
OSS today having a healthy RSI of 64.88 at $3.35 per share vs. OSS on February 20th having an extremely overbought RSI of 87.30 at a lower share price of $3.05 per share shows that OSS should easily surpass $4.58 per share and hit much higher new 52-week highs this month.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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