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SWBI: Can you guess what this pattern is called?
做多
Smith & Wesson Brands, Inc.
(
BATS:SWBI
)
TomDaSpankEngine
BATS:SWBI
Smith & Wesson Brands, Inc.
Elliott Wave
Head and Shoulders
1
0
elliottwaves
headandshoulders
If you guess "inverse head and shoulders," you are correct! Clean breakout over long-term resistance line (marked in red). There is a strong likelihood that the share price will approximately double over the next 12 months. 2024 is an election year.
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