Treasury Wine Estates Limited (TWE.ASX)

5 February 2018

Technical Summary: Fantastic long term performance from TWE is reflective in the long term as well as the one year chart. The stock has consistently found its way to new highs. Each dip i the stock has been buyable along the 50 day moving average. More recently the stock has spiked up in a V shaped formation and is sitting overextended. We would like to see some consolidation of these gains before considering any further action.

This long term performed sits overextended in the short term.

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