RMD 1.05% $37.39 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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$37.39
Change
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$37.30 $37.39 $37.07 $9.449M 253.3K

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No. Vol. Price($)
1 44 $37.32
 

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Price($) Vol. No.
$37.39 2573 2
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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