Constellation Brands – October 18, 2017 …

Constellation Brands (STZ) has broken last week’s inside candle to the upside and I am looking at putting on a small positional trade to see how far this move can take us.  Maybe we only push higher into this week’s OpEx expiry or maybe we are seeing the resumption of a nice trend following the consolidation pattern put in after the great earnings beat on October 5th (+14% above estimates) that could end up lasting several weeks.  Here are the charts … Continue reading