RMD 0.56% $35.64 resmed inc

Hi buddy…looks like you missed a bit of that cut n paste. Full...

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  1. 930 Posts.
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    Hi buddy…looks like you missed a bit of that cut n paste. Full version below for completeness and to ensure a nice rounded TA.

    Good luck with your short.

    RMD closed down 9.31 percent on Friday, August 4, 2023, on 7.36 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

 
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