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$32.83 resmed inc

10 years daily chart of Resmed

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ZhimingLiu

80 Posts.

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10/11/23

14:40

Post #: 70833772
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Originally posted by ZhimingLiu: ↑

Resmed's (ASX:RMD) continuous positive airway pressure (CPAP) devices andmasks treat sleep apnea.
CPAP has long been thegold standard for treating obstructive sleep apnea (OSA), and ResMed is theleading global supplier.
But as of today, ResMed shares have fallen from $40.13 to $23.51,which would be 71% profits for the trade if it recovers back to $40.13.
The sell-off was triggered by disappointing gross margins andgrowing investor concerns about competition from a new wave of GLP-1weight-loss drugs.However, GLP-1 facesseveral headwinds, including supply constraints, lagging real-world efficacy,side effects, low drug compliance, high costs, and a possible lack of insurancecoverage.

Its attractive valuation currently outweighs the risks it faces.This is a great buyingopportunity for me, bought (ASX:RMD) today.

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10 years daily chart of Resmed

RMD Price at posting: $22.53 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $32.83		Change 0.250(0.77%)		Mkt cap ! $20.22B

Open	High	Low	Value	Volume
$32.85	$32.97	$32.73	$65.02M	1.985M

Buyers (Bids)

No.	Vol.	Price($)
5	474	$32.82

Sellers (Offers)

Price($)	Vol.	No.
$32.84	483	6

View Market Depth

No.	Vol.	Price($)
3	198	32.820
9	1113	32.810
9	1316	32.800
4	721	32.790
5	789	32.780

Price($)	Vol.	No.
32.840	125	1
32.850	2479	4
32.860	632	4
32.870	453	3
32.880	1897	3

Last trade - 10.40am 30/04/2024 (20 minute delay)


Last $32.77			Change 0.250 ( 0.69 %)
Open	High		Low	Volume
$32.85	$32.96		$32.74	189729
Last updated 10.59am 30/04/2024 ?

RMD (ASX) Chart