A Mid Cap That’s Dying To Be A Large Cap — RMD — 6Sept2013


simple trading

ResMed Inc., through its subsidiaries, engages in the development, manufacture, and distribution of medical equipment for treating, diagnosing, and managing sleep-disordered breathing and other respiratory disorders.

We like this pullback in RMD for a long entry.  Stops may be placed at the most recent swing low (around $47.90) or on a break (close below) of the uptrend line. 

And remember to position size appropriately.