STZ - Learn to Evaluate (STZ) using the Charts

2024-04-28 23:22:00 ET

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Constellation Brands Inc. (NYSE: STZ) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for STZ change as time passes, and this should be updated in real time.  Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Instructions:

Use the basic rules of Technical Analysis.  Here are some examples: if STZ is testing support the signal is to buy and target resistance.  On the other hand, if resistance is tested, that is a sign to short, and target support.  No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for STZ too.  All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for STZ

• Buy STZ slightly over 255.9 target 271.48 stop loss @ 255.16
• Short STZ slightly under 271.48, target 255.9, stop loss @ 272.26

Swing Trading Plans for STZ

• Buy STZ slightly over 262.51, target 271.48, Stop Loss @ 261.75
• Short STZ slightly near 262.51, target 255.9, Stop Loss @ 263.27.

Day Trading Plans for STZ

• Buy STZ slightly over 261.83, target 262.51, Stop Loss @ 261.22
• Short STZ slightly near 261.83, target 259.7, Stop Loss @ 262.44.

STZ Technical Summary | Raw Data for the Trading Plans