REA Group Ltd
Long
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REA - Cup and Handle Pattern

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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.
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snapshot
Note
Market really liked todays update, as a result looks like its headed to the top of the channel.

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