$Constellation(STZ)$ STZ just

STZ just slid back to $158, scraping the lows again after losing more than 40% from last year’s peak.

• Support looks like $155… but if that breaks, are we staring at $145 next?

• Beer (Modelo, Corona) is still solid, but wine & spirits drag and heavy debt aren’t helping.

• RSI is sinking, chart’s ugly, but sometimes the ugliest charts are where reversals start.

Positive Signal of Constellation Brand Sales, Product Upgrades Boost Profit Potential

The sales of the Constellation brand of the second largest beer company in the United States have shown positive signals, and product upgrades are expected to increase profit potential.

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