Constellation Brands continues its bullish trend in order to test new highest level.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasize the quality of this investment in the mid-term. The annual earnings release will be take place on the March, 4.

From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the USD 81 mid term resistance.

Investors should buy the stock in the current area with a target price around USD 81 with a stop-loss at USD 72.8.