Not sure why on results a stock which trades at a high multiple was bullish when it should have sold off but taking it back to a weekly chart does give a potential bear set up via an RSI top swing failure. Prices make higher high but not followed by the RSI which made a lower swing. If the weekly RSI falls below the fall point this would constitute a swing failure and could see REA continue to sell off until it reaches an oversold weekly RSI.
Not sure why on results a stock which trades at a high multiple...
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Last
$180.40 |
Change
3.500(1.98%) |
Mkt cap ! $23.83B | |||
| Open | High | Low | Value | Volume |
| $178.81 | $181.55 | $178.53 | $12.07M | 66.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 126 | $180.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $180.81 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$180.70 |
Change
3.500 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| $178.92 | $181.49 | $178.51 | 15519 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| REA (ASX) Chart |