The Bearish Flag is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation if preceding move was down.
Market participants tracking Constellation Brands should note the latest formation. With a last close of $141.18, volatility remains active (1.6%). Algorithmically, a Bearish Flag structure has completed. The trend indicator is reading 7.6/100, suggesting moderate momentum. A potential breakout level is identified at $135.11, targeting $102.74 with support near $150.99 (R:R 2.04).
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