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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0.25%
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$8.16

chart, page-6
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Last
$8.16 |
Change
0.020(0.25%) |
Mkt cap ! $6.605B |
Open | High | Low | Value | Volume |
$8.15 | $8.18 | $8.12 | $499.8K | 61.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1697 | $8.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.17 | 2366 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 302 | 8.150 |
14 | 4278 | 8.140 |
1 | 85 | 8.130 |
9 | 16077 | 8.120 |
10 | 16841 | 8.110 |
Price($) | Vol. | No. |
---|---|---|
8.160 | 7403 | 7 |
8.170 | 786 | 2 |
8.180 | 13205 | 3 |
8.190 | 30989 | 5 |
8.200 | 13680 | 8 |
Last trade - 10.01am 21/07/2025 (20 minute delay) ? |
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TWE (ASX) Chart |