Ichimoku is bullish on weekly, daily, and 4hr time frames. STZ posted great earnings and a clear trend line shows a great path forward over the coming months. A sell signal would be a TK cross or a break below kijun depending on your risk tolerance
Comment:
Bullish hammer forming on 4hr chart. Great time to go long
Comment:
Friday was a break above fractal level at $233.33. We can expect a move to $238 next.
Comment:
a full fib extension on this move would be $244.50