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.
Why not average down in the low $22-23? My personal short...
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 (20min delay)
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Last
$31.50 |
Change
2.760(9.60%) |
Mkt cap ! $19.55B | |||
| Open | High | Low | Value | Volume |
| $30.91 | $31.58 | $30.54 | $173.4M | 5.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11953 | $31.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.51 | 1198 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$31.40 |
Change
2.760 ( 9.53 %) |
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| Open | High | Low | Volume | ||
| $30.88 | $31.56 | $30.55 | 934136 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| RMD (ASX) Chart |