SWBI is looking down in the short term.
Marked a few spots that will be support we can expect to test.
Will see how this plays out, but the MACD and the RSI are pointing down in the short term.
🔪 If you are a bear, the last thing you want is to be staring down the barrel of this Smith & Wesson chart especially after Warren Buffet's successor David Portnoy set his sites on it.
SWBI has been on an absolute beast of a run since the bottom as demand for firearms increased during COVID.
We have some clear support levels going into what should be a solid...
