RMD 0.77% $31.40 resmed inc

Why not average down in the low $22-23? My personal short...

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    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.
 
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$31.40
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1 1885 $31.40
 

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$31.41 6890 1
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
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$31.32
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