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rolledchange
Oct 9, 2020 1:59 PM

SWBI SHORT TERM Long

Smith & Wesson Brands, Inc.NASDAQ

Description

Holding the current trend on the 15 min chart, moving higher in the channel. Possible that the election cycle has more people hoping for a 2016 repeat in SWBI.

BE CAREFUL, Could very easily crumble back to $15.00 by the end of November for a retest of the 10&20 EMA from the daily chart, if the election cycle doesn't push the demand higher.

Trade closed manually

idea invalidated, see my other SWBI ideas.
Comments
BakiShirzadi
Appreciate your effort
rolledchange
@BakiShirzadi, Thank you, however, it is currently Looking invalidated and likely my previous short-term idea is resuming.
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