Could Constellation Brands (STZ Stock) fall to the 235 level?

AAATrade Team AAATrade

Today’s instrument is the Constellation Brands Inc. stock traded on the NYSE exchange under the ticker STZ.

Looking at the STZ’s chart, we can see that it is in an upward trend in the past few days.

Constellation Brands is announcing its quarterly earnings this week, and if the market’s anticipation will be positive then we should expect its upward trend to be continued otherwise it should fall back to its support level at around $235.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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