One may, at minimum be cautious and book or protect profit.
The Industry itself is Strong. However, several Stocks (in the USA) in this Industry are at Pendulum High and Moving Sideways in Weekly chart.
TWE has weak fundamentals relative to peers at its current price. Hence may be the need for caution on Long position.
More on this and other Stocks is expected to be discussed in Weekly Market Roundup on 17th June at 9 AM EST (NY Time).
http://mailchi.mp/superiorprofit.co/australia-wine-stock-and-more
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- TWE may be potential Short based on Technical and Relatively Weak Fundamentals
TWE
treasury wine estates limited
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0.86%
!
$8.21

One may, at minimum be cautious and book or protect profit. The...
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Last
$8.21 |
Change
0.070(0.86%) |
Mkt cap ! $6.661B |
Open | High | Low | Value | Volume |
$8.14 | $8.37 | $8.12 | $126.8M | 15.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 28715 | $8.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.21 | 521033 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 28715 | 8.200 |
3 | 54741 | 8.190 |
8 | 165318 | 8.180 |
4 | 132983 | 8.170 |
6 | 146997 | 8.160 |
Price($) | Vol. | No. |
---|---|---|
8.210 | 519533 | 3 |
8.220 | 291985 | 2 |
8.230 | 313912 | 3 |
8.240 | 370294 | 3 |
8.250 | 336202 | 5 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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TWE (ASX) Chart |