The Falling Wedge is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern. Price likely to break upwards.
STZ is showing interesting structural developments at $140.09. With a last close of $140.09, volatility remains active (-0.54%). Algorithmically, a Falling Wedge structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $150.8, targeting $157.73 with support near $135.11 (R:R 0.44).
What is your outlook on STZ?