Hi Prophet4me,
I'm response to your post back in Februrary I have attached a weekly chart for TWE. You asked for some T.A., well I hope my comments below help.
Its in a descending triangle pattern, needing a clear break of $4.20 to indicate a trend reversal.
I hold and I have a Stop set at a close below $3.57. This is based on a price/volume technique I read about in a book called Simple Tactics, Profitable Trading. I will continue to hold as long as my Stop isn't hit and I will continue to hold if and when $4.20 is broken to the upside.
This is an easy trade because its easy to mark the upside and downside parameters on the current TWE chart.
DYOR.
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TWE
treasury wine estates limited
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1.12%
!
$8.14

chart, page-6
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Last
$8.14 |
Change
0.090(1.12%) |
Mkt cap ! $6.605B |
Open | High | Low | Value | Volume |
$8.09 | $8.14 | $8.05 | $19.30M | 2.373M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350 | $8.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.14 | 71288 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350 | 8.110 |
1 | 1000 | 8.100 |
2 | 3618 | 8.080 |
2 | 2750 | 8.050 |
1 | 4000 | 8.030 |
Price($) | Vol. | No. |
---|---|---|
8.140 | 1500 | 1 |
8.150 | 2098 | 3 |
8.170 | 184 | 1 |
8.180 | 626 | 2 |
8.190 | 800 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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TWE (ASX) Chart |