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CONSTELLATION BRANDS Inc technically based analysis

NYSE:STZ   Constellation Brands, Inc.


📌CONSTELLATION will report financial results for its full fiscal year and fourth quarter ended February 28, 2022 on Thursday, April 7, 2022, before the open of the U.S. markets. Currently fundamentally picture is postive, what can add Constellation its leading international producer and marketer of beer , wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy.


💡 STZ technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see higher bullish continuation till targets marked on chart.


📌About Constellation: engages in the production, marketing and distribution of beer, wine and spirits.
📌Interesting news/things:
-Constellation & Monster energy drinks are in merger talks (that a deal could be reached in the coming weeks if talks continue to go smoothly).
-Leading beverage alcohol company.


📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!


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All best, good luck!
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