RHT 1.59% 6.2¢ resonance health limited

Break Out Chart RHT, page-195

  1. 90 Posts.
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    Hi Phantom! How are you doing?

    That really depends. Personally, my perspective on it is based of a technical basis. If you look at the charts above, the infliction point for a bounce should be at the 16-16.5c region. If it bounces it bounces (which would follow previous trends) or it could keep going down past that point, who knows (I would say this is unlikely though). Alternatively it may have already broken the downtrend line looking at the movement today with it currently sitting at 19.5c. It all just depends really and ultimately a crystal ball is needed to predict exactly what will happen, as is needed in all investments. As investors it’s our job to predict based on educated estimations.

    Cheers!

    Harro

    As always this is just my opinion and not financial advice, please DYOR research before investing.
 
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