johninvest17

Dead Cat Bounce or is the bottom in for Treasury Wine $TWE

Long
johninvest17 Mis à jour   
ASX:TWE   TREASURY WINE ESTATES LIMITED
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.
Trade fermée manuellement
Commentaire:
Not looking good.
If prices were close below the support line of $11, it's a good short opportunity in the short term.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.