Volume divergence indicating (high probabilty) that we may have a cheaper REA share price soon. I'm eyeing the high 120's to low/mid 135's as support and a potential entry.
Nota
The bearish wedge pullback looked to be in play for a few days with a break down but was bought up with solid volume - Divergence has neutralised.Nota
opened low at $132 and was quickly bought (first 1 - 5 min). Resulting in a Bullish engulfing candle.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.