Strong Results today send RMD skywards so time to lock in some gains

Current Active Alert Management

 

RMD – Resmed Inc

RMD kicked up today through the highs as good results bring in strong buying. We are now happy to look at a partial exit to lock in some gains. We want to see price extend a little further before locking in and then will re-assess the exit level. Time to sit back and enjoy the ride.

 

Stock Code : RMD – Resmed Inc

Company Website : www.resmed.com.au

Current Price : 10.77

Previous Buy Entry (Trigger Level) : 9.94

Sell Exit Zone (Stop Loss) : 9.60

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