Constellation Bra's most recent trend suggests a bullish bias. One trading opportunity on Constellation Bra is a Bull Put Spread using a strike $220.00 short put and a strike $210.00 long put offers a potential 26.58% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $7.90 would be incurred if the stock dropped below the $210.00 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 63.56 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
Cannabis might be most disruptive force since Amazon for …
Tue, 16 Oct 2018 23:22:00 +0000
Jim Cramer surveys the pot craze as Canada prepares to legalize cannabis nationwide and flags the companies he thinks will be long-term winners.
Cramer: 'Cannabis might be the most disruptive force sinc…
Tue, 16 Oct 2018 23:08:00 +0000
Jim Cramer surveys the pot craze as Canada prepares to legalize cannabis nationwide and flags the companies he thinks will be long-term winners.
Jim Cramer: Wednesday Is a Watershed Day for Cannabis Stocks
Tue, 16 Oct 2018 23:01:00 +0000
But don't buy into this overheated market right as Canada legalizes, wait until prices come down — which they will.
Cramer: Cannabis ‘might be the most disruptive force since Amazon' for pharma, beverage industries
Tue, 16 Oct 2018 22:57:00 +0000
CNBC's Jim Cramer surveys the pot craze as Canada prepares to legalize cannabis nationwide. Canada's full-fledged legalization of adult cannabis use will be a “watershed” moment for the marijuana industry, and the momentum will extend far beyond the official legalization date, CNBC's Jim Cramer said.
Look inside the Colorado cannabis genetics lab that just sold for $19 million (Photos)
Tue, 16 Oct 2018 20:39:19 +0000
Colorado cannabis company ebbu is being purchased by Canadian firm Canopy Growth (NYSE: CGC) for a reported $19.2 million, the companies announced yesterday. The company prides itself on the progress it's made in isolating cannabinoids and other genetic elements of the plant, then recreating them to provide consistent, reliable sensations in consumers. >Click the gallery to see photos of ebbu's genetics lab just outside of Evergreen That last piece seems to be a big selling point to Canopy, which recently received a $190 million investment from Constellation Brands Inc. (NYSE: STZ), the U.S. distributor of Corona and Modelo beers.
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