Treasury Wine Estate (TWE.ASX) is one of my new favourite stocks to stalk and it is coming into focus again as the potential Bull Flag looks to be developing. I previously noted how a great SHORT signal triggered on this stock but now I am stalking for any recovery-style LONG signal.

TWE weekly: I’m watching the longer-term weekly chart for any Bull Flag breakout and, if so, the target would up near $35. In reality, the target for the $20 breakout move would need to be drawn from the price point of the actual breakout; if and when this occurs:

TWE weekly: watch for any Flag trend line breakout here as price tests up near the bear trend line:

TWE 15 min: I will also be watching for any new 15 min chart TC LONG signal here:

Summary: I’m watching for any weekly chart Bull Flag breakout on TWE and the target for any bullish breakout move is up near $35.