SWHC - Smith & Wesson Holding Corporation - NASDAQ

[Chipldr999]

Ive been watching this one for a couple weeks now. 

The volume has increased.
The Stochastics are pointing up.
Its came off the bottom of a downward channel.

http://stockcharts.com/h-sc/ui?s=SWHC&p=D&b=5&g=0&id=p11530901891

 Rumor says that They plan on doubling thier sales this year.  I dont know how it could be true after the election with Obama, but you know what they say,... buy on rumor, sell on news.  Ill find more out after this weekend.  My company will be hosting a Dealer show and we will have the Manufactures there to ask what is in store for this year. 

[Chipldr999]

Im up in this one, bought in at 3.95.  Its a good company that should be a good one to stay in for a good swing trade.  Its been trading in a downward channel for this year but IMO it will break it soon enough.