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...
Potential short entry 20-3/4.
A lot of people on TWTR have been mentioning this stock. I plan on exiting before earnings. Leda mentioned "I was thinking TASR was a better alternative than SWHC" HAHAHA :-)
SWHC expected to open at 14.37 for a Gap n Go (last candle bullish on the hourly chart). To learn to trade this strategy for free go to www.RealLifeTrading.com
Heavy volume on a break out above 11.00. Now forming what might turn into a high tight flag pattern with another entry point at 12.12.
SWHC expected to open at 11.05 for a Retest Gap. To learn to trade this morning for free go to www.RealLifeTrading.com
With Medium Range between 9 and 10 gonna try collar strategy expiring this dec'14