Why not average down in the low $22-23?
My personal short experience, i have learned, wait for a bottom to form (double bottom or in Resmeds case, a triple bottom) then buy in if you are convinced the market has hugely oversold something or got it wrong. this has been a great buy for me and i plan to sell at $32 - only because i need to money for a house deposit, not because i think the fundamentals are now bad.
RMD - ASX Charts, page-14
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 (20min delay)
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Last
$32.78 |
Change
0.190(0.58%) |
Mkt cap ! $20.91B | |||
| Open | High | Low | Value | Volume |
| $32.81 | $32.92 | $32.65 | $63.06M | 1.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $32.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.79 | 7392 | 2 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$32.73 |
Change
0.190 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| $32.81 | $32.91 | $32.65 | 303041 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| RMD (ASX) Chart |