Treasury Wines – 40% Sell Off

On 9th December last year we warned…

TWE is under Algo Engine sell conditions and we highlight the recent softness in US sales data as a concern. Downside target $15.50 – $16.50

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Since then the stock price has plunged to $12.30 and we now expect further weakness before consolidating within the $11 – $12 price range.

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