Smith & Wesson bouncing off of short-term trend-line 

united continental short swing trade setupStock: Smith & Wesson (SWHC)

Long or Short: Long

Entry: 8.66

Stop-Loss: 8.45

Chart: Smith & Wesson (SWHC) Daily

Smith and Wesson Swing Trade setup

Reason for Trade: Bounce off of short-term trend line and the belief that this stock really doesn’t have any potential (real) catalysts to the downside, because there isn’t likely chnace that any legislation comes out of Congress that would negatively impact their business model. 

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