Trading (STZ) With Integrated Risk Controls

January 16, 2024, 08:36 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for STZ

• Buy STZ slightly over 252.45 target 269.27 stop loss @ 251.72 Details

The technical summary data tells us to buy STZ near 252.45 with an upside target of 269.27. This data also tells us to set a stop loss @ 251.72 to protect against excessive loss in case the stock begins to move against the trade. 252.45 is the first level of support below 257.5 , and by rule, any test of support is a buy signal. In this case, support 252.45 is being tested, a buy signal would exist.

• Short STZ slightly under 269.27, target 252.45, stop loss @ 270.05 Details

The technical summary data is suggesting a short of STZ as it gets near 269.27 with a downside target of 252.45. We should have a stop loss in place at 270.05though. 269.27 is the first level of resistance above 257.5, and by rule, any test of resistance is a short signal. In this case, if resistance 269.27 is being tested, a short signal would exist.

Swing Trading Plans for STZ

• Buy STZ slightly over 260.1, target 269.27, Stop Loss @ 259.35 Details

If 260.1 begins to break higher, the technical summary data tells us to buy STZ just slightly over 260.1, with an upside target of 269.27. The data also tells us to set a stop loss @ 259.35 in case the stock turns against the trade. 260.1 is the first level of resistance above 257.5, and by rule, any break above resistance is a buy signal. In this case, 260.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short STZ slightly near 260.1, target 255.45, Stop Loss @ 260.85. Details

The technical summary data is suggesting a short of STZ if it tests 260.1 with a downside target of 255.45. We should have a stop loss in place at 260.85 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 260.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for STZ

• Buy STZ slightly over 258.2, target 260.1, Stop Loss @ 257.6 Details

If 258.2 begins to break higher, the technical summary data tells us to buy STZ just slightly over 258.2, with an upside target of 260.1. The data also tells us to set a stop loss @ 257.6 in case the stock turns against the trade. 258.2 is the first level of resistance above 257.5, and by rule, any break above resistance is a buy signal. In this case, 258.2, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short STZ slightly near 258.2, target 255.45, Stop Loss @ 258.8. Details

The technical summary data is suggesting a short of STZ if it tests 258.2 with a downside target of 255.45. We should have a stop loss in place at 258.8 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 258.2, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Constellation Brands Inc. (STZ) available here: STZ.

STZ Ratings for January 16:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	235.08
P2	258.2	255.45	252.45
P3	260.06	260.1	269.27

AI Generated Signals for STZ

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