Ticker: 
STZ (Constellation Brands Inc.)
📆 Timeframe: 1W (Weekly)
📉 Price: $166.74
📈 Pattern: Descending wedge + long-term parallel channel from 1989
📊 Pattern Breakout Probability: ~69% in favor of bullish reversal
🔍 Technical Setup:
STZ is currently testing the lower bound of a macro rising channel going back to 1989 — a level historically associated with major market bottoms. At the same time, price is compressing inside a descending wedge, a high-probability bullish reversal structure.
📊 According to historical chart pattern statistics, falling wedges break upward ~68% of the time, especially when accompanied by rising volume and multi-decade support.
🧠 Trade Thesis:
📥 Buy Zone: $160–$170
⛔ Stop-Loss: $150.79 (below wedge support, could be an increasing trailing stop)
📐 Probability of Upward Breakout: ~69%, based on classical pattern statistics
🎯 Upside Targets & ROIC (from $166.74):
Target Price Return
🎯 Target 1 $218 +31.2%
🎯 Target 2 $257 +54.2%
🎯 Target 3 $273 +63.8%
⚠️ Why This Setup Is Exceptional:
✅ 35-year rising channel support — rarely tested
✅ Descending wedge compression = bullish tension
✅ Volume spike and price rejection = signs of bottoming
✅ Statistically supported pattern → ~7 in 10 chance of breakout
💬 STZ combines deep technical structure with statistically supported probabilities.
This is the kind of trade setup where structure, price, and probabilities align.
#STZ #FallingWedge #ChartPatterns #SwingSetup #TechnicalBreakout #TargetTraders
STZ (Constellation Brands Inc.)📆 Timeframe: 1W (Weekly)
📉 Price: $166.74
📈 Pattern: Descending wedge + long-term parallel channel from 1989
📊 Pattern Breakout Probability: ~69% in favor of bullish reversal
🔍 Technical Setup:
STZ is currently testing the lower bound of a macro rising channel going back to 1989 — a level historically associated with major market bottoms. At the same time, price is compressing inside a descending wedge, a high-probability bullish reversal structure.
📊 According to historical chart pattern statistics, falling wedges break upward ~68% of the time, especially when accompanied by rising volume and multi-decade support.
🧠 Trade Thesis:
📥 Buy Zone: $160–$170
⛔ Stop-Loss: $150.79 (below wedge support, could be an increasing trailing stop)
📐 Probability of Upward Breakout: ~69%, based on classical pattern statistics
🎯 Upside Targets & ROIC (from $166.74):
Target Price Return
🎯 Target 1 $218 +31.2%
🎯 Target 2 $257 +54.2%
🎯 Target 3 $273 +63.8%
⚠️ Why This Setup Is Exceptional:
✅ 35-year rising channel support — rarely tested
✅ Descending wedge compression = bullish tension
✅ Volume spike and price rejection = signs of bottoming
✅ Statistically supported pattern → ~7 in 10 chance of breakout
💬 STZ combines deep technical structure with statistically supported probabilities.
This is the kind of trade setup where structure, price, and probabilities align.
#STZ #FallingWedge #ChartPatterns #SwingSetup #TechnicalBreakout #TargetTraders
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.