TenaciousH

STZ showing strength, oversold w 200 Day support and CGC coming

Long
NYSE:STZ   Constellation Brands, Inc.
EoY 2018 plus Canopy investment caused a fall out of long term range. An improvement in CGC (currently oversold) means a likely return to that range, which means a possible run to $240 by EoY 2020. Even if it doesn't recapture the previous trading range, it is at the bottom of this one. Expect a near term jump especially with CGC earnings coming up.

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