Constellation Bra's most recent trend suggests a bullish bias. One trading opportunity on Constellation Bra is a Bull Put Spread using a strike $215.00 short put and a strike $205.00 long put offers a potential 13.64% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $8.80 would be incurred if the stock dropped below the $205.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Constellation Bra is bearish and the probability of a decline 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 59.96 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
Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors
Mon, 15 Oct 2018 23:14:00 +0000
Constellation Brands COO and Canopy Growth's CEO sit down for a conversation with Jim Cramer about the future of cannabis.
Investors Face Growing Opportunities and Challenges in Cannabis
Mon, 15 Oct 2018 21:30:00 +0000
While cannabis companies offers a rapidly growing set of options, investors have to work harder than ever to find winners. Speakers at the “How To Play The Fast-Emerging Cannabis Industry” panel at Jim Cramer's Boot Camp on October 13 said they see lucrative market opportunities in an industry that could bridge health and wellness, drinks, recreation, and medicine. “We're up to 400 cannabis stocks,” said Debra Borchardt, CEO of the Green Market Report, who moderated the panel.
Canopy Growth CEO: This Is What Legalization of Cannabis Looks Like in Canada
Mon, 15 Oct 2018 18:03:00 +0000
The COO of Constellation Brands and the CEO of Canopy Growth sat down with TheStreet's founder and Action Alerts Plus Portfolio Manager Jim Cramer to discuss the future of cannabis.
3 Pot Stocks that Stand Out in the Crowd
Mon, 15 Oct 2018 17:10:03 +0000
Pot stocks are as hot in 2018 as bitcoin was in 2017. Advocates insist, however, that marijuana will not suffer the same fate because there is a real market to be served — and a real product to sell. Canadian legalization alone is expected to result in sales of $5-7 billion next year, and many U.S. states are looking enviously at Colorado, the first state to legalize recreational marijuana.
Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better
Mon, 15 Oct 2018 16:23:00 +0000
Marijuana stocks rally after one of Canada's biggest cannabis companies announces it has agreed to acquire a U.S.-based hemp company. Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company. Canopy Growth CGC-CA told investors its purchase of Evergreen, Colorado-based ebbu will “complement and accelerate” its ambitions to expand into new types of consumer products.
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