RMD will bounce back this coming week. I have held it for a long long time. Here is a chart of my actions on RMD for the last 5 years. My buy and sells are not perfect by any means but if you note 2 huge drops in the last couple of years were always followed by bounce backs. The channel in the chart is a standard error channel and RMD has been following that channel for 10 years. Checking today the buys for Monday look strong and the sellers are reduced from last week. The market overreacted to future challenges and are underestimating the abilities of the RMD management team that always do a good job. I never sell a lot of RMD as always have a large holding of it and I love the business and the way the share price performs over the long term.
RMD will bounce back this coming week. I have held it for a long...
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Last
$28.42 |
Change
-0.680(2.34%) |
Mkt cap ! $18.26B | |||
| Open | High | Low | Value | Volume |
| $28.50 | $28.87 | $28.41 | $50.29M | 1.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 417 | $28.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.43 | 1317 | 11 |
View Market Depth
| Last trade - 11.52am 01/07/2024 (20 minute delay) ? |
| RMD (ASX) Chart |