REA 0.12% $200.67 rea group ltd

Shorters pummelling this stock, page-15

  1. 1,648 Posts.
    lightbulb Created with Sketch. 175

    https://hotcopper.com.au/data/attachments/4936/4936933-4623a72551a99b4c0913ff291564217a.jpg

    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.
 
watchlist Created with Sketch. Add REA (ASX) to my watchlist
(20min delay)
Last
$200.67
Change
0.245(0.12%)
Mkt cap ! $26.51B
Open High Low Value Volume
$201.59 $202.00 $199.94 $7.055M 35.13K

Buyers (Bids)

No. Vol. Price($)
4 31 $200.63
 

Sellers (Offers)

Price($) Vol. No.
$200.70 3 1
View Market Depth
Last trade - 12.00pm 12/07/2024 (20 minute delay) ?
REA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.