Constellation Bra's most recent trend suggests a bullish bias. One trading opportunity on Constellation Bra is a Bull Put Spread using a strike $222.50 short put and a strike $217.50 long put offers a potential 100% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $222.50 by expiration. The full premium credit of $2.50 would be kept by the premium seller. The risk of $2.50 would be incurred if the stock dropped below the $217.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Constellation Bra is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Constellation Bra is bullish.
The RSI indicator is at 60.18 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Constellation Bra
4 Major Market Opportunities For The Cannabis Industry
Sun, 14 Oct 2018 17:26:28 +0000
Cowen analysts recently published an in-depth valuation of key players in the cannabis industry drawing from historical data and market trend. The valuation includes an outline of the potential market …
Better Buy: Aphria Inc. vs. Constellation Brands, Inc.
Sun, 14 Oct 2018 14:32:00 +0000
It's cannabis going up against Corona (with some cannabis thrown into the mix) in the battle between these two stocks.
Constellation Brands COO: Investing in Canopy Growth Is an Offensive Play
Sun, 14 Oct 2018 01:41:00 +0000
Jim sat down exclusively with Bill Newlands, COO of Constellation Brands, and Bruce Linton, CEO of Canopy Growth.
Canopy Growth and Constellation Brands Say Cannabis Will Be a $200B+ Industry
Sun, 14 Oct 2018 00:02:00 +0000
Constellation, which owns alcoholic-drink brands like Corona beer and Robert Mondavi wines, recently paid $4 billion to boost its stake in Canopy Growth to 38%. “If you said 10 years ago: ‘Would we be right here having this discussion today?,' we all would have said ‘no, we wouldn't have been,'” Newlands told Cramer. Canopy Growth CEO Bruce Linton, who appeared with Newlands, said weed-related products have the potential to disrupt as much as $500 billion a year in various businesses far beyond just pot-smoking.
Gatorade-Like Cannabis Drink to Soothe Aches? Constellation Brands Says ‘Yes'
Sat, 13 Oct 2018 22:09:00 +0000
Jim Cramer talked legal weed with Bill Newlands of Constellation Brands and Bruce Linton of Canopy Growth.
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