Technical Summary: The five year chart of TWE speaks for itself. At one point it was nearly a 10 bagger in 5 years. Like so many stocks recently the one year chart looks a bit different. The stock initially trekked sideways before pulling back in what has been the first meaningful pull back in 5 years. The question here is no different to other stocks that we have covered recently, it is whether this pull back is buyable on a buy the dip steal. Or if this pull back is the dangerous signs of things to come. One positive for the stock is that it appears to be consolidating and has recently moved above its 50 day moving average.
