This is my BOOMSTICK!!

So I am looking at Smith & Wesson Holding (SWHC). I have not done a single drop of fundamental analysis on this company and I had not looked at their chart in years (back when it was crashing). But I am looking at it now, and it looks good. Real good. "Good. Bad. I'm the guy with the gun." And in this case, it looks like guns are good.



This chart has definitely piqued my interest.

Shop smart. Shop S(WHC)-Mart. You got that!

Still

This is the count variation that I still like as my preferred count.

No Whammies!

We have a triple whammy on the daily chart: 20 day MA, 50 day MA, and bonking its head on the broken trendline from the bottom.

..... go bulls.

Whatever the count actually is, it doesn't look healthy

Break and no recapture yet. Momentum keeps dropping. And the volume? fuhgeddaboudit!!

Fractal 2's, I really like this

I am showing an ending diagonal count in my last post as an alternate count. That is now my preferred. And the more I look at how similar this was to the two previous 2's of smaller degrees, the more I *really* like this count

I was counting the original 2 with an ending diagonal weeks ago: Boring Title #7