As the title states.. perfect 1.618 retracement on resmed, MACD about to go green, just went at the 5 day moving average and above the 10 and 25 day moving averages. Only negative is the news and IHC reports, but price action shows a clear bull signal.. consistent higher highs and higher lows, the trend is your friend.. green lights, go go go... IF tomorrow has a confirmation green candle above the 5 day MVA, this looks like a home run, go long to prior high, wait to break resistance, as it should make higher highs, and when you see a reversal (a lower low) take profits.
Confirmation candle today bulliah above the 5 day moving average.. also a double bottom i forgot to mention earlier, even more evidence of bullish signals.. went long on this today. Hopefully will retest prior highs within the next 2 to 3 weeks