Here’s your trade on Taser (TASR) (June 08, 2015)
Here’s the deal on Taser ( NASDAQ:TASR ), it’s been in a nice kind of a little bearish wedge here after a big move. Now this is breaking out. On a day like today where everything was down, a 3 million-share day, which is higher than average volume, is actually like a really bullish sign for “Taserians”. So if you are long Taser ( NASDAQ:TASR ) stay long.
My bet is that somewhere in another couple bucks the stock is going to pause a little bit. It just looks to me like it’s building a bit of a base like it did here, a high base. So your real breakout quote “buy”, I don’t know why I keep saying quote, your new breakout buy area is $35.00. If it breaks out above there it’s probably going higher, it will be hitting a new high, recently anyway; also if it just pulls back say to $30.00, that would work too. So anyway, that’s your trade on Taser ( NASDAQ:TASR ).
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