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rutt

REA - Will we get a chance to get in at a lower price?

Short
REA GROUP LTD (ASX:REA)  
rutt Updated   
ASX:REA   REA GROUP LTD
Technical Indicators Chart Patterns realestate asx200 ASX australia aussie
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indicator chartpattern realestate asx200 asx australia aussie
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.
Comment:
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.
Comment:
opened low at $132 and was quickly bought (first 1 - 5 min). Resulting in a Bullish engulfing candle.
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