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
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Last
$36.66 |
Change
-0.940(2.50%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $36.32 | $36.69 | $36.13 | $46.16M | 1.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13944 | $36.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.71 | 12610 | 4 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
