I'll be looking for confirmation of continuation of STZ 's bullish growth before buying in, but this one's on my radar. Ex-dividend date of 5/10 likely didn't help push it much higher in the past few days.
There is a catalyst in the works though -- not only are earnings to be reported on 6/30/18 but they are invested in Canopy Growth (Canadian cannabis grower) whose stock is to be listed on the NYSE in the near future. From what I found they have a 10% stake in Canopy Growth. Either way, I look forward to the run-up towards earnings. I'm going to wait to exit some other positions then go ahead and pick some calls, likely for 6/29 or so.
Trade active
We might be seeing the beginning of the double-bottom pattern forming on (STZ) -- I'm waiting for an entry point.
Order cancelled
Ouch! This one took a nosedive! I'll still be monitoring, looking for a bottom.
Comment
Life happened for me, and I've not been able to monitor all of my watchlist. Looks like if anyone bought when I thought we'd found bottom or even ideally a little after that they made a nice profit!
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