Swatch Group Breaks Out Of Losing StreakSwatch Group (OTCPK:SWGAY) has had a very difficult few years. In 2016 the stock hit $75. In 2017 it was at a price just short of $40. This year it has continued to decline to a current price of around $20. Despite this drop, its momentum indicators have never been better. This might suggest that there could be a turnaround in 2018, although the stock has also fallen significantly from its highs in 2016.Business OverviewSwatch Group is the world's largest watchmaker. It owns more than 250 subsidiaries worldwide and currently has annual revenues of over $11 billion. The company has three main divisions: wristwatches,