TWE treasury wine estates limited

chart, page-6

  1. 677 Posts.
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    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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(20min delay)
Last
$7.81
Change
0.000(0.00%)
Mkt cap ! $6.337B
Open High Low Value Volume
$7.79 $7.85 $7.71 $61.82M 7.938M

Buyers (Bids)

No. Vol. Price($)
2 5640 $7.81
 

Sellers (Offers)

Price($) Vol. No.
$7.82 74985 1
View Market Depth
Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
TWE (ASX) Chart
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