REA - Cup and Handle Pattern
Updated
Key Technicals - High probability trade here with the REA chart showing a Cup & handle pattern. Looking to buy on breakout (top of cup) with above average volume or on the breakout retest as resistance becomes support.
Key Fundamentals - Governments likely make sure housing recovery keeps on keeping on.
Key Fundamentals - Governments likely make sure housing recovery keeps on keeping on.
Note
Note
Market really liked todays update, as a result looks like its headed to the top of the channel.
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