Constellation Brands (NYSE:STZ) started the week with a spike, reaching $245 on Dec. 28, and followed by a slow and steady climb the rest of the week, getting as high as $251.
The stock is trading at $250.94 with overhead resistance at $252 and closest support at $246.
Today we could expect a move past the $252 resistance level, as it managed to consolidate and hold on to its gains during the past week after its steady climb.
If, however, it fails to break the $252 resistance, then a move near the first support level of $246 is likely.