RMD 0.54% $37.28 resmed inc

I am looking at the weekly bar chart.What I'd like to see is the...

  1. 971 Posts.
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    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

    https://hotcopper.com.au/data/attachments/1446/1446661-d0739b282b4f8734282c4adb1fd75bb9.jpg

 
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Last
$37.28
Change
0.200(0.54%)
Mkt cap ! $22.38B
Open High Low Value Volume
$37.50 $37.55 $37.15 $17.93M 480.5K

Buyers (Bids)

No. Vol. Price($)
1 3363 $37.27
 

Sellers (Offers)

Price($) Vol. No.
$37.30 1001 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
RMD (ASX) Chart
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