Midweek Watch 9/01 - $SWBIMY LEVEL: 20.30 WHY: 200d SMA and whole number (psychological). Small miss in revenue but I like the look of this. Let's see if it holds $23. Has had strong support in this area.
Smith & Wesson Brands, Inc. is a holding company, which engages in the manufacture, design, and provision of firearms. Its portfolio includes handguns, long guns, handcuffs, suppressor, and other firearm-related products. The firm's brands are Smith & Wesson, M&P, Thompson/Center Arms, and Gemtech. The company was founded by Horace Smith and Daniel Baird Wesson in 1852 and is headquartered in Springfield, MA.
Shares of firearms manufacturer Smith & Wesson Brands are rising after a solid earnings report comes in, hot on the heels of a piece of legislative news.
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