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...
Seems like a good buy hope you like. If it breaks down gonna retest 9.20 then probably bounce. If it breaks out gonna see 10.50ish.
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 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)....