RHC 1.04% $47.49 ramsay health care limited

$55, page-3

  1. 2,101 Posts.
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    It is hard to pick the bottom. I would say we are in the range for it to be here or close. I believe technically the resistances are as follows.
    58.10 (which is exactly where it finished today) is a resistance to the downside. After that its $56.10 then $52.

    On the upside 61.10 is the resistance and beyond that 65

    Needs to hold above 58.10 for the week to keep the general early 60's area possible to climb back to in the near term.
    If we finished the week below 58 I would say we are heading to 56 in the coming week or 2.

    Lower than that? I'd like to say unlikely but your guess is as good as mine. All I can say is if it does hit 55 and its a few months later. I'd be quite comfortable buying some more.

    Credit Suisse can get well stuffed.

    However if when the report comes out later this year it shows surprise deterioration in the business. Like 6-8% growth level now then yeah. We are going to the $40's....
    Last edited by angelus512: 05/06/18
 
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