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
$31.16 |
Change
0.100(0.32%) |
Mkt cap ! $19.88B | |||
| Open | High | Low | Value | Volume |
| $30.96 | $31.16 | $30.93 | $31.57M | 1.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1958 | $31.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.19 | 1266 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$31.15 |
Change
0.100 ( 0.28 %) |
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| Open | High | Low | Volume | ||
| $30.94 | $31.16 | $30.94 | 119952 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| RMD (ASX) Chart |