Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
The blue line in the graph above is corn (futures) projected forward, now why on earth would corn lead the...
Righto so what I want to follow here is the action on the 1d chart, atm I am waiting to see what happens. I will be back to add the bars in after some time. no entry here yet, I am waiting for - MACD cross down, price break down and the kijun to turn down. XJO is counter trend today on the 4hr so I need to keep in mind. Consider sentiment and use discretion as it develops
australian wine producer, hit hard at the pandemic, and a 2nd whack with chinese wine tarriffs placed on some of our aussie exporter goods.
I am a shareholder, waiting to see the pivot by management into other asian and european markets.
Saw this stock on my scanner and for some reason traders really like it, it had no news today. So I thought I will jump in as well. It was B class trade for me, I prefer to see the stock above
both EMA’s but still a great trade.
1 min: great set up a 1 min chart great push then a pull back and go for the break out above, love these kind of trades. And this is a...
Back in Aug when TWE announced great 3Q result, it went from $11.5> $13.12 in one single day. It was then severely impacted by the gradually intensifying tension between AUS and China, the stock price has then free fall all the way to ~$8 especially after Chinese gov announced applying tariffs on Australian wine exports.
However, it appears that $8 is already the...
Ascending triangle formation in the TWE chart. High probabilty trade on the back of the market anticipating a positive close out of their class action dispute and potential market tailwinds with lockdowns easing. Waiting for the break out with bullish candle confirmation.
Hi friends
the graph of this market shows with a very high probability a downtrend but at the same time you have to be vigilant of the change of the same market towards the opposite direction
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Is this a dead cat bounce or is the bottom in for Treasury Wine $TWE ?
I went long this morning for a short term trade because I like the risk to reward here. We continue to hold if we can break the box area with good price action and volume.
TD sequential is showing a TD 9, MACD signals a buy and DMI is showing bears are running run of energy.
Long trade setup today $TWE Treasury Wine Estates on the ASX. Layered buys for a total of 703 units 14.10 to 14.20. This is a stock I will invest in mid to long term swing trading S/R pivots along the way. Not financial advice, please dont copy my trades as there is a risk that price goes against us at any time and trading is risky.
This chart was posted by a fellow trader at our recent ATAA meeting and caught my attention for the clean chart pattern it presented.
IMHO, TWE is consolidating in a classic-style Bull Flag under the psychological, whole-number $20 level.
The Flagpole here is about $15 so Technical Theory would suggest that any bullish breakout move might extend by a similar...
-11 Week horizontal range
-Would take stock to all-time high on an already amazing climb
-Declining volume into potential spike
80 basis points planned but will likely be 30-40 on initial tranche
This is my first published idea so be kind. Always appreciate feedback.
This is not financial advise, just my thoughts and opinions.
TWE is looking good after a brief period of consolidation around the 17 mark.
It has rising volume and is showing signs of a good move up early next week. Today the price moved well above the recent consolidation zone (see chart)....
