The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Technical analysis of Constellation Brands (STZ) reveals a significant setup. The stock is trading at $164.5, down 0.06% on the day. Algorithmically, a Rounding Bottom structure has completed. Volume is average (0.77x avg) with moderate trend strength (36.4). A potential breakout level is identified at $168.6, targeting $192.59 with support near $156.61 (R:R 2.0).
What is your outlook on STZ?