Constellation Bra's most recent trend suggests a bearish bias. One trading opportunity on Constellation Bra is a Bear Call Spread using a strike $207.50 short call and a strike $212.50 long call offers a potential 17.65% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $207.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $212.50 long call 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 down which suggests that the medium-term momentum for Constellation Bra is bearish.
The RSI indicator is at 45.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Constellation Bra
The Canadian Company That Could Become the Google of Pot
Wed, 22 Aug 2018 20:48:57 +0000
Aug.22 — Canopy Growth Corp.’s chief executive officer expects one “Google-like company” to dominate the cannabis industry. His own firm may well be on its way. Bloomberg's Kristine Owram has more on "What'd You Miss?"
Top Analyst Reports for Southern Company, Constellation Brands & Vale
Wed, 22 Aug 2018 19:53:07 +0000
Top Analyst Reports for Southern Company, Constellation Brands & Vale
Market Morning: Trump Lawyer Turns, UK Prepares Hard Brexit, Corona Goes to Pot, Costco Hits $100B
Wed, 22 Aug 2018 11:15:17 +0000
Trump Lawyer Implicates President, Campaign Manager Convicted All in a day’s work. President Donald Trump’s former lawyer Michael Cohen admitted in court yesterday that a candidate for office had ordered him to pay hush money to two women who allegedly had extramarital affairs with Trump. He didn’t name Trump, but everyone is assuming that Trump […] The post Market Morning: Trump Lawyer Turns, UK Prepares Hard Brexit, Corona Goes to Pot, Costco Hits $100B appeared first on Market Exclusive.
Canopy Growth Could Acquire a Beaten-Down Biotech — Here's 1 Intriguing Candidate
Wed, 22 Aug 2018 10:02:00 +0000
The now cash-rich marijuana grower appears likely to buy a biotech. This one could check off several boxes.
Follow Constellation Brands, Bet Big on Cannabis ETFs
Tue, 21 Aug 2018 20:19:08 +0000
Cannabis ETFs take a leap as Constellation Brands boosted its share in cannabis company Canopy Growth.
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