STZ Oversold Hook Trade IdeaSTZ - Oversold Hook Trade Idea With a bullish move over the 8ma at 162.48, STZ ended with an engulfing candle on the daily. Look for entry above previous HOD at 166.72 for a move to the 20ma at 172.78.Longby Round_Table_Trade_Team_LLC1
$STZ - Short - Macd trend breakdown, divergence price action RSI$STZ - Short - Macd trend breakdown, divergence price action RSIShortby swingtraderzUpdated 1
STZ: Earning play (Oct 4th). I see this coming down.formed h&s on 1hr and time for this flush. Cannabis involvement is little too much and will show up in the er results imho. Shortby lousyjets2
STZ: Seeing h&s on 1hr and this can flush down to 208ishThis has been running hot for quite some time now and need to cool off a little. Bring some lime :)Shortby lousyjets3
Booze & Weed Equals a Good Time AND a Good InvestmentPot stocks have been on fire, er, smoking! Wait, that's still a pun, right? Well then, pot stocks are on the roll! Damn it. I've been watching too much CNBC. Anyways... The rally in pot stocks over the past several days has been impressive, especially given the catalyst - Constellation Brands (STZ) made a $4bil investment in CGC for about 38% of the company. Other names in the space benefited from the deal, names like TLRY, CRON, ACBFF, and many others, along with the ETF that tracks a dime bag worth of companies - MJ. (Full disclosure - I'm long MJ shares and calls, long CGC calls and puts.) The pure plays aren't for everyone... their volatility is more than some can stomach (doesn't weed help nausea?). For those sorts of investors, the best way to participate may be in STZ itself. You may ask "why?" Well... STZ's core business is selling booze, which much like tobacco and caffeine, pretty much sells itself. Morality beefs aside, the cash flows are incredibly stable and plentiful, enough to offer holders of STZ a decent 1.4% dividend, which, by the way, has grown more than 40% in a year. It still has room to grow, too, as the payout ratio is a modest 22%. Another fundamental note - shares are not necessarily cheap at 22x this year's earnings estimates, and 20x next year's estimates. However, revenues have grown about 23% over the past five years, as have cash flows, so you're getting good growth from this cash cow. Technically speaking, shares are in a downtrend. But that's okay, as this long-term play needs to be accumulated over time as prices permit, which is exactly what I'm doing. I prefer buying closer to the recent support at $201, but ideally I'd like to buy closer to the open gap near $190 (also a 50% Fib. retracement). Should that fail, additional, more meaningful support lies underneath at $179, the 61.8% retracement. It's high time that weed gets some legitimacy, and that we can profit from the process is dope. Look for other majors like DEO, BUD, SAM, TAP, and others to follow suit, as well as tobacco majors like MO and PM. Longby EchoAlphaBravo112
Constellation Brands Oversold and Below MAs 4-7% OpptySTZ is setting up for a potential return to the mean 4% higher than current prices. Constellation Brands has been range trading all of 2018. A return to the higher end of the range ~230s would be a 7% move from here. Slower moving stock, probably up to 2 weeks before making it to 4% target. by coinables1
Double TopBearish Divergence/Bearish Convergence/Bearish Hidden Divergence. Double Top. Breakaway Gap to the downside on huge volume. Gap'N'Go?Shortby craig.sloper.103
Constellation Brands - $STZ - Dip on hot growing stock! 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.Longby wounselUpdated 0
STZ Ichimoku Analysis LONGIchimoku is bullish on weekly, daily, and 4hr time frames. STZ posted great earnings and a clear trend line shows a great path forward over the coming months. A sell signal would be a TK cross or a break below kijun depending on your risk toleranceLongby ETHwarriorUpdated 0
STZ LongMACD, ADX, Stoch RSI and EMA Cross confirm further upward movement. Stop can be placed below the previous low. Risk Reward 2.83Longby ecicicUpdated 5
STZ - LongI 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! Longby MaxCapitalUpdated 2
STZ - Stochastic Divergence Channel Line BounceBuy: 218.22 Target: 221.65 - 227.20 (1.57% - 4.12%) jbzstocks.com @jbzstocksLongby takemoreprofits1