Technical analyst argues SWAG is in an intact uptrend channel above key moving averages with $2.00-2.05 support, targeting $2.50-2.80 and potentially $3.30-3.60.
Unpriced research observations (excluded from Calls and Returns):
SWAG — LONG The author argues SWAG is respecting a clear uptrend channel on the 1Y/1W view with higher highs and higher lows intact, holding above key moving averages after reclaiming ~$2.00 as support. Momentum indicators (RSI ~59, price riding upper Bollinger Band, MACD resetting toward neutral, expanding volume on green weeks) are cited as evidence of trend continuation. The stated catalyst is a high-probability push toward $2.50-2.80, with a larger breakout target near $3.30-3.60 if momentum accelerates, contingent on holding $2.00-2.05. resolved_entity_name_mismatch
As long as SWAG holds $2.00–$2.05, I see a high-probability push toward $2.50–$2.80, with a larger breakout target near $3.30–$3.60 if momentum accelerates.