ResMed and Fisher & Paykel Settle Patent Litigation, page-14

I am looking at the weekly bar chart.

What I'd like to see is the price retrace to at least the 50% line.

If it goes through it, then we have a good chance to break the 70% one.

If it fails between the 38.2% and 50%, I think it will go back to high $12.9

If it fails to cross the $38.2% (where we currently are meeting resistance), then I see it going lower than $12.5

Of course counter trends are okay as long as we push higher these lines.

At this stage I am not buying nor selling. I will buy more if we cross the 50% line and I will sell if we fall to $13.58

My sentiment: I will be buying more in 2 or 3 weeks