TWE 0.32% $12.44 treasury wine estates limited

Hi Prophet4me,I'm response to your post back in Februrary I have...

  1. 673 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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Last
$12.44
Change
-0.040(0.32%)
Mkt cap ! $10.09B
Open High Low Value Volume
$12.54 $12.57 $12.40 $19.00M 1.526M

Buyers (Bids)

No. Vol. Price($)
3 24686 $12.44
 

Sellers (Offers)

Price($) Vol. No.
$12.48 227 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
TWE (ASX) Chart
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