Treasury Wines (TWE).
TWE has been one of the stars of the Australian stock market. "Buying the Dip" in TWE has been a lucrative strategy with TWE for a few years now.
Recently, TWE fell heavily after the company reported a problem with clearing stock into the Chinese market. Nobody knew whether it was just a bureaucratic hitch or some pay-back by Chinese authorities for a negative political attitude in Australia towards China.
Here's the chart:
As a result of the Chinese problem, TWE has fallen back to its long-term trend as defined by the 200-Day MA. On Friday it bounced strongly off the 200-Day MA. This looks like a buying opportunity.
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(20min delay)
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Last
$11.35 |
Change
0.020(0.18%) |
Mkt cap ! $9.209B |
Open | High | Low | Value | Volume |
$11.34 | $11.43 | $11.28 | $27.63M | 2.431M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 35644 | $11.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.36 | 1932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8505 | 11.340 |
1 | 264 | 11.330 |
3 | 10234 | 11.320 |
2 | 34706 | 11.310 |
2 | 19892 | 11.300 |
Price($) | Vol. | No. |
---|---|---|
11.390 | 377 | 2 |
11.400 | 1317 | 1 |
11.420 | 2000 | 2 |
11.430 | 11414 | 3 |
11.450 | 10534 | 3 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$11.34 |
  |
Change
0.020 ( 0.36 %) |
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Open | High | Low | Volume | ||
$11.35 | $11.43 | $11.28 | 490241 | ||
Last updated 15.59pm 03/06/2024 ? |
Featured News
TWE (ASX) Chart |