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12/7 New Swing Alert

12/7 New Swing Alert

SWHC- Smith and Wesson $19.66

The US Gun maker is not able to produce guns fast enough to meet demand.

This is reflected in the share price.

Now coming out of a 13 fibonacci week base with earnings due

We see this running to $23 per share from 19.50 ranges

Buy from 19-20 max

Stop loss 17.90 on closing basis

Objective $23 plus

127 swhc weekly