📌ResMed sideway matket in last periods, price currently in CHANNEL pattern, fundamentally side ResMed is have today [15.3] presentation at the Oppenheimer 32nd Annual Healthcare Conference, today we are can see bullish move, expecting now to see continuation.
💡 RMD technically based idea, we can see price is on SUPP zone, CHANNEL pattern visible, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see BREAK od CHANNEL and higher bullish continuation till targets marked on chart.
📌About ResMed: engages in the development, manufacturing, distribution and marketing of medical equipment and software solutions. 📌Interesting news: ResMed’s sales grew at a CAGR of 11.0% to $3.4 billion over the last twelve-month period, compared to $2.3 billion in 2018
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!