I shared the Swing Short Trade based on 16th June's Chart.
TWE declined further. As it has a Bull Release on 29th June, entire position is to be closed (in my style!).
When I shared the Technical Short Trade Idea, the Industry of the Stock was Strong (as I had mentioned that time).
The Distillers and Vintners Industry continues to be Strong (ranking below is as of 30th June). This is another reason not to hold on to the Short Trade for too long in my view.
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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

I shared the Swing Short Trade based on 16th June's Chart. TWE...
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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 |