REA GROUP LTDLong
REA.ASX: 20 AUG, 2024
© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M.
(1D) Details: Wave ((iii))-navy is unfolding to push higher. It is subdividing into wave (i)-orange, which will essentially continue to push higher. Any subsequent large decline would suggest that wave (ii)-orange is unfolding to push lower. Eventually, wave (iii)-orange will return to continue to push higher.
Invalidation point:187.27
(1D) Details: Wave ((iii))-navy is unfolding to push higher. It is subdividing into wave (i)-orange, which will essentially continue to push higher. Any subsequent large decline would suggest that wave (ii)-orange is unfolding to push lower. Eventually, wave (iii)-orange will return to continue to push higher.
Invalidation point:187.27
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