ResMed Inc. is a leader in digital health and cloud-connected medical devices. ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity...
ENTRY: 261.39 SL: 232.75 TP1: 307.39 TP2: 316.43 - Weekly chart - Long term trading - ADX>20 - Maintaining at pivot point "P" and 38% fib. - Strength meter is red hence some weakness. - Entry based on breakout from VZ this week.
Stop: 202.00 Looking for continuation out of range. Another healthcare addition to the portfolio and a non correlated stock to the broader economy
Resmed looking good using the Heikin Ashi candles. Technical Indicators such as TD Sequential, MACD, RSI, and the Squeeze are showing positive signals for further upside and potential breakout. Why? The pulse signal (red dots) on the squeeze indicator is telling us a big move is coming. While the MACD indicator is about to cross and provide a buy signal. ...
Good fundamentales, strong acumulation and a great picture. Always remember put your STOP LOSS.