# RMD Cup-and-Handle Pattern Breakout

> RMD stock breaks resistance above 50-day moving average with cup-and-handle pattern.
- Title: RMD Cup-and-Handle Pattern Breakout · TradingView | Shortify
- Summary: RMD stock breaks resistance above 50-day moving average with cup-and-handle pattern. ResMed stock may rise to $302.34 after breaking $242.40 resistance.
- Keywords: resmed, cup and handle, 50 sma, support and resistance, swing trade, tradingview, kochva, business, finance, RMD, Cup-and-Handle, Pattern
- Source: TradingView — https://tradingview.com/chart/RMD/gLWLaJ8w-RMD-Cup-and-Handle-at-Resistance-Above-50-SMA
- Published: 2026-10-19T06:00:02+00:00
- Read time: 1 min
- Topics: resmed, cup and handle, 50 sma, support and resistance, swing trade, tradingview, kochva, business, finance
## RMD Cup-and-Handle Pattern
ResMed stock reached resistance above the 50-day moving average while closing a cup-and-handle pattern.
## Breakout Levels
Entry trigger: Break above $242.40 Target: $302.34 Stop: Under the support / base of the pattern.
## Pattern Analysis
The alignment of trend, pattern and level makes the breakout area key to watch.
## Key takeaway

ResMed stock may rise to $302.34 after breaking $242.40 resistance.