Jun. 30 at 1:12 PM
Smith & Wesson
$SWBI is demonstrating constructive consolidation at
$15.40 per share
The broader firearms and outdoor recreation industry appears to be turning a major corner, leaving a multi-year cyclical trough behind after a wave of solid earnings reports and positive guidance upgrades.
With market volume rising amid shifting macroeconomic policy headlines, down-side pressure is actively abating.