Short Term Trading Week Starting: 19 Sept, page-255

STTCOMP RSH, TA LONG

Respiri Limited (RSH), Market cap $30m, $4.5m cash (30/6/16), Based in Melbourne
Medical technology co that has software/mobile phone apps that detect and manage respiratory problems, especially Asthma

Looking at the daily chart you can see that the stock has been in a downward trend from about 7.5 to 4.5

The trend has recently been broken with a DWC on 12th of September on high volume resulting in spike in share price to a close of 6.2

Subsequent to the DWC there has been 4 trading days where price has more or less held and confirmation of supply easing has occurred today with price and volume returning to the stock seeing it close on its high at 7