GuyInHat

Ascending Channel

Viés de alta
GuyInHat Atualizado   
NYSE:STZ   Constellation Brands, Inc.
There is a small, but evident ascending channel forming on this chart. If it breaks out to the upside that would be bullish. I would target long term, a measured move of the triangle height. Shorter term I would scale out at the resistances of 229 and 234. If, and only if, it breaks the resistance with volume. Not financial advice.
Trade fechado: stop atingido:
Failed Trade. Dropped below the support line.
Comentário:
Looks like this was a fakeout to the downside.

Aviso legal

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