There is 10% in this short term imo . Nice technical ledge pattern has been building ready for a breakout . EW abc correction from last spike up looks confirmed which is positive for next wave up. Watch for a close above $7.27 to confirm uptrend pattern . Chart also shows accumulation has been taking place in a narrow price range. A close below $7.14 (stop) on volume would contradict the above - always happy to put the old gonads on the line and back the analysis with some cold hard cash, so have entered today at $7.25 in anticipation of Resmed moving forward from here. When its ready, this stock can move quickly. Fundamentals are sound aswell.
getting set for next move up
Add RMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.89 |
Change
-0.770(2.10%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $35.95 | $35.99 | $35.49 | $16.10M | 451.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 60 | $35.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.90 | 869 | 3 |
View Market Depth
| Last trade - 11.40am 15/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
