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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$7.81

chart, page-6
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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. |
---|---|---|
$7.82 | 74985 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5640 | 7.810 |
2 | 3249 | 7.800 |
1 | 1000 | 7.790 |
3 | 6449 | 7.780 |
1 | 25727 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.820 | 74985 | 1 |
7.830 | 5120 | 2 |
7.840 | 65502 | 4 |
7.850 | 137251 | 4 |
7.860 | 34302 | 1 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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TWE (ASX) Chart |