well this is consolidating nice along moving avg. perfect pullback to enter at high of day next week. though i feel it is a good swing trade rather then momo but can prob. go either way. election Biden win gonna explode trump win civil unrest = Guns and ammo..... Bought long calls into may and might trade
With the election coming up, it is hard to imagine any other scenario besides a blowout. Regardless of your own political beliefs, Democrats are outnumbering Republicans in early voting which is objectively a huge advantage. Democrats seem to be motivated on removing Trump, and it is showing with the surge in voter registrations and early votes cast.
Sell on 1 hour chart
Buy on 7h chart
Buy on 2 day chart
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🔪 If you are a bear, the last thing you want is to be staring down the barrel of this Smith & Wesson chart especially after Warren Buffet's successor David Portnoy set his sites on it.
SWBI has been on an absolute beast of a run since the bottom as demand for firearms increased during COVID.
We have some clear support levels going into what should be a solid...
I think it is time for a bounce here, followed by a break-out in the coming weeks. Long-term hold here.
Fundamental Analysis includes "Details of newly acquired patent blocksafe acquired will be shared next week by @Blocksafe via $trig Blog blog.blocksafe.network as well as an introduction to the Blocksafe MasterNodes suite. Suite of Masternode software...
We live in uncertain times. One needs to be protect themselves from threats both foreign and domestic. How to do that? With guns from American Outdoor Brands Corporation of course!
This company has recently double-bottomed and has great EPS, fundamentals, good P/E, ROE, etc. We will buy when price crosses over the 500 MA.
SWHC climbed quite high in anticipation of a Clinton victory, primarily because gun sales surged as people anticipated a future with tighter gun control.
With that being said Trump is very 2nd amendment friendly, and long term could be great for this stock.
Another key thing to watch out for is an upcoming name change for the company. The companies new name...
The First Presidential Debate is looking more and more like it will decide this upcoming election, and If Hillary wins the debate, gun sales will surge due to peoples' fear that she will continue the Democratic gun control rhetoric and possibly policies of her predecessor.