Today’s instrument is Constellation Brands Inc., an international beverage alcohol company, traded in the NYSE exchange under the ticker STZ.
Looking at the STZ’s chart, we can see that it was lastly traded at around $231.50.
This week, STZ is announcing its quarterly earnings, and if the market’s anticipation is positive then we should expect its price to rise towards its resistance level at around $240-242, otherwise it should fall towards its 52W low level at around $207.60.
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