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AAAlex16
Jun 3, 2021 8:36 PM

Constellation Brands (STZ) - 6/3/2021 Long

Constellation Brands, Inc.NYSE

Description

This bullish ascending triangle is butting up against the prior all time high from 2018. If broken convincingly the target of the trade set up could easily be far exceeded. Consider keeping a hold position. Keep in mind Constellation Brands owns 36.8% of Canopy Growth's (CGC) shares. Expect mild correlation to performance in the cannabis sector.

Comment

Targets Achieved: 0/1
Total Loss: -4.6%
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