Current Active Alert Management
RMD – Resmed Inc
RMD has had a minor pullback since the partial exit and is now on the move higher again. We can see that buyers have been soaking up the selling pressure and are now looking to push price up to new highs. Happy now to move the remaining risk up to lock in further gains.
Stock Code : RMD – Resmed Inc
Company Website : www.resmed.com.au
Current Price : 11.05
Previous Buy Entry (Trigger Level) : 9.94
New Sell Exit Zone (Stop Loss) : 10.55
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