Last time Smith & Wesson traded to this price level, it resulted in a 15% move higher in the stocks chart. The recent price motion was thought to be in a flat correction shown in this chart, however todays trading…
Smith & Wesson Next Trading Move
Early in the month, SWHC made a strong move to 4.20. A target was set for 4.32, but has so far fallen short. Certainly anyone trading SWHC has been frustrated with the sideways movement after such a nice move higher.…
Trading Smith & Wesson
SWHC is on the watch list for price targets 4.32 and 4.83, and still is on target for these prices after todays sell off. Time frame has shown its hand however. The 4.20 price high on 12/6/10, just after the…
Smith & Wesson Holding Corporation Trading Higher
SWHC has been on the trading radar with previous analysis in early November. Smith & Wesson could follow through on big upside targets set for long term holders if the current move doesn’t get cut short. Today, SWHC broke through…
Smith & Wesson SWHC Wave Analysis
In a world where guns seem to be worth something again, the fundamentalist may persist along side a longterm shareholder of Smith & Wesson. Both now arguing that we never really left that world, and that rational prices in SWHC…
Trade Signal SWHC_110510
Buy signal trading SWHC- November 5, 2010* Trading signal for daily price bars Buy price: $3.82 Sell stop price: $3.17 LEVEL HIT – June 8, 2011 Short term profit level: $6.42 Long term profit level: $7.21 Trading Signal Buy Chart