Constellation Brands opportunity

Güncellendi
Constellation brands is a big US winery company. Elliott waves suggest ware going into C down. Very good technicals. Weekly rejected at trend line and 200SMA. Short on the break.
In the comments is a 1 hour charts with a inverse head and shoulders, looking to keep the long trade till MPO, where expect a reversal to short. This could be a lucrative trade.

Good Luck!
Not
anlık görüntü
Not
Divergence on RSI and impulsive break confirm the pattern.
constellationElliott WaveHead and ShoulderssharesStocksSTZTrend Analysis

Feragatname