Objective Long/Short Report (STZ).

December 1, 2024, 2:26 PM ET, BY Thomas Y. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for STZ

• Buy STZ near 231.08 and target a stop loss of 244.9 at 230.41 Details

The technical summary data tells us to buy STZ at around 231.08 with an upside target of 244.9. This data also tells us to set a stop loss at 230.41 to protect ourselves from excessive losses in case the stock starts moving against the trade. 231.08 is the first level of support below 240.95 and basically any test of support is a buy signal. In this case the support 231.08 would be tested, so a buy signal would be present.

• Short STZ just below 244.9, target 231.08, stop loss at 245.61 Details

Technical summary data suggests a short on STZ as it approaches 244.9 with a downside target of 231.08. However, we should have a stop loss at 245.61. 244.9 is the first resistance level above 240.95 and basically any test of resistance is a short signal. In this case, if the resistance 244.9 is tested, a short signal is present.

Swing trading plans for STZ

• Buy STZ just above 244.9, target 259.19, stop loss at 244.19 Details

If 244.9 starts to break higher, the technical summary data tells us to buy STZ just above 244.9 with an upside target of 259.19. The data also tells us to set a stop loss at 244.19 in case the stock turns against the trade. 244.9 is the first resistance level above 240.95, and basically any break above resistance is a buy signal. In this case, 244.9, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short STZ slightly near 244.9, target 240.6, stop loss at 245.61. Details

Technical summary data suggests shorting STZ if it tests 244.9, with a downside target of 240.6. However, we should have a stop loss at 245.61 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 244.9 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for STZ

• Buy STZ just above 244.9, target 259.19, stop loss at 244.33 Details

If 244.9 starts to break out higher, the technical summary data tells us to buy STZ just above 244.9 with an upside target of 259.19. The data also tells us to set a stop loss at 244.33 in case the stock turns against the trade. 244.9 is the first resistance level above 240.95, and basically any break above resistance is a buy signal. In this case, 244.9, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short STZ slightly near 244.9, target 240.6, stop loss at 245.47. Details

Technical summary data suggests shorting STZ if it tests 244.9, with a downside target of 240.6. However, we should have a stop loss at 245.47 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 244.9 is tested, there would be a short signal. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Constellation Brands Inc. (STZ) available here: STZ.

STZ ratings for December 1st:

AI generated signals for STZ

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This report was generated using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Constellation Brands Inc. (NYSE: STZ) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for STZ change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when STZ tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for STZ. All of this is offered below the overview table.