SWIR 10EMA Strat - Bull SwingMonthly and weekly show this to be pretty bearish. This will be a quick swing for a small 0.5-1R gain and leave.
SWIR
SWIR Swing TradeEntry @19.32 for the MSR @ 1000 on the hourly feb 4th,
I will hold for $21.00 based on the Resistance.
Sierra Wireless Loooooong TermRange set in 2007-2009 ($2.30 - 27.90) was finally broken in 2014 and proceeded to rally to 1.618 fib ~$45 (also high from 2004)
Currently back down at 50% and at the start of the year eroded supportive bull trend line.
Watching price action on dip to get long. Targeting long term rally to 2.618 fib ~$80 (high in 2000)
