Technical Analysis Of Constellation Brands Inc. - Thursday, April 6

By AAATrade of aaatrade.com
Thursday, April 6, 2023 7:12 AM EDT

black android smartphone turned on screen

Image Source: Unsplash
 

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 $221.

Today STZ is announcing its quarterly earnings, and if the market’s anticipation is positive then we should expect its price to test its resistance level at around $223.80, and if it passes that level then it is expected to continue rising toward the next one at around $227.30.

On the other hand, it should fall toward its support level at around $217.50.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Constellation Brands Inc. - 06/04/2023

More By This Author:

Daily Technical Analysis Of XAUUSD - Wednesday, April 5
Technical Analysis Of Tilray Brands Inc. - Wednesday, April 5
Daily Technical Analysis Of USDJPY - Tuesday, April 4

Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments