RGR price hints at what traders think about the election

Sturm, Ruger & Company, Inc. (NYSE:RGR)

NYSE:RGR Sturm, Ruger & Company, Inc.

pivotpoints trendline beyondta election trump biden sentiment

RGR tends to perform well in the presence of social unrest and in the face of regulatory restrictions on firearms (reflect upon the Obama years etc). The mainstream narrative of a landslide Biden victory with no election fraud seems to contradict the story playing out in the price action of $RGR. If confidence exists in a Biden victory, traders simply aren't seeing it that way. What do you think?

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