RMD has triggered the remaining stop loss at 11.05.
The alert is now closed with gains all locked in.
PREVIOUS ALERT 22/11/17
RMD – Resmed Inc
RMD has continued to grind its way higher into new high territory but is showing all the hallmarks of getting stretched at current levels. We are now happy to tighten up the risk level to 11.05 and lock in further gains as we still see the potential for price to squeeze higher. Now we just sit back and watch the action.
Stock Code : RMD – Resmed Inc
Company Website : www.resmed.com.au
Current Price : 11.26
Previous Buy Entry (Trigger Level) : 9.94
New Sell Exit Zone (Stop Loss) : 11.05
Previous 50% Partial Exit Zone (Target) : 11.15
Status : On watch for continuation higher
PREVIOUS ALERT 30/10/17
RMD – Resmed Inc
RMD is on the move up and within striking distance of the 50% partial exit zone at 11.15. We are happy to tighten up the risk level and watch the action for continuation higher.
Stock Code : RMD – Resmed Inc
Company Website : www.resmed.com.au
Current Price : 10.90
Previous Buy Entry (Trigger Level) : 9.94
New Sell Exit Zone (Stop Loss) : 10.35
Potential 50% Partial Exit Zone (Target) : 11.15
Status : On watch for continuation into the partial exit
ORIGINAL ALERT 6/10/17
RMD – Resmed Inc
RMD is pushing higher and is showing strong signs of buyer stepping in at higher prices. The medical products company has a great long term outlook as price keeps pushing higher. We are now watching for a buy entry through 9.94. If price pushes down to 9.60 prior to entry then we will re-assess the alert.
Stock Code : RMD – Resmed Inc
Company Website : www.resmed.com.au
Current Price : 9.89
New Buy Entry (Trigger Level) : 9.94
Potential Sell Exit Zone (Stop Loss) : 9.60
Status : On watch for buy entry trigger