Ryman Healthcare Limited (RYM.NZX)

27 July 2018

Technical Summary: If you look at the 5 year chart you will see that RYM has recently emerged from a 13 long consolidation period and has moved to new highs. At this stage it looks like it is the beginning of a new stage 2 uptrend. Over the last year the stock has provided a couple of excellent buy points. 10
The stock currently looks like it is beginning to consolidate again in a new base. Either way it is slightly overextended at the current juncture. Investors should keep an eye on this chart and wait for an entry point after a new base has formed.

Potential for stage 2 uptrend after long consolidation

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