$STZ Constellation Brands (Corona/Modelo/etc) Bullish Crossover - Downtrend Breakout Bullish 50D/200D ema crossover. Breaking out of recent downtrend. Near term target: $200-$205 range by mid August Note: Not investment advice
FINISHED WTH GOOD YIELD... THANKS
CRON has broken out of the descending triangle pattern (reversal) with a strong bullish candle (+21%) on 6/8/20. This is an interesting setup since the descending triangle chart pattern seemed to form at the end of the downtrend. Over the last several months pot stocks have gotten hammered. Some stocks even falling +90% during the bear market. The fundamentals are...
Dog Fish Head + Truly + happy midd/e/upper class of Americans = BOOM TIME $420 magic number
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.
Constellation brands is a big US winery company. Elliott waves suggest ware going into C down. Very good technicals. Weekly rejected at trend line and 200SMA. Short on the break. In the comments is a 1 hour charts with a inverse head and shoulders, looking to keep the long trade till MPO, where expect a reversal to short. This could be a lucrative trade. Good Luck!
TradingView Openposition at $163.67 Stop loss at $163 Take profit at $170 Why this play? Thinking we may get a break out on cgc and this will follow. plus rsi and triple bottom here.
Constellation Brands has enjoyed a massive run-up in the past 6 years and has come sharply off of its highs (around $230) in the past 5 months. STZ is a juggernaut in the alcohol industry and has deserved its high stock price given a very strong earnings growth trajectory. Lately, however, money has come out of the traditional vice stocks (alcohol and...
I see a good opportunity to buy shares. At the beginning of this trading session, the position will be transferred to breakeven to protect itself from the next surprises from the market. I expect from the market the next move: If the price succeeds in breaking out of the resistance channel, we can count on a good profit. P/E 27.04 Forward P/E 23.28 Good luck!
higher time frame in defined uptrend and found support area after pullback-high probability mid time frame showing formation of ascending triangle- an inverse head and shoulders showing symmetry lower time frame in range bound consolidation- monitoring price action for break of first resistance area of 180.5x to target to 181.2x area
I entered a 150/145 Put Credit Spread on STZ last week. Trade was sitting pretty as price shot up to 156. Then, of course, the biggest correction to STZ in 4 years. I do like that the 200 ema and the 618 fib retracement held firmly. 9 days left to claw its way back.
STZ expected to open at 107.50 for a Retest Gap. To learn to trade this strategy for free, go to www.RealLifeTrading.com