Just looking at the REA chart and see it is consolidating, and still above a trendline that has long-term trendline (end the month would suggest not breaking it!), but not unexpectedly there are key support levels on the long-term chart - and they are big falls to those levels.
As I mentioned before, I think a severe recession would need to happen to see the 60 level, but further negative macro, which are likely, could see weakness down to 100.
An interesting 6 months of 2023 coming up.
Shorters pummelling this stock, page-15
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Last
$189.52 |
Change
-1.270(0.67%) |
Mkt cap ! $25.03B | |||
| Open | High | Low | Value | Volume |
| $190.61 | $193.16 | $189.33 | $30.60M | 160.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $189.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $190.41 | 416 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| REA (ASX) Chart |