TASER INT'L
(TASR-Nasdaq):
Technical Viewpoint: From a low
of $23.76 on Jun 8, 2004 prices
rallied, reaching a
high of $28.65
on Jun 9, 2004. A
decline saw prices pull back, reaching a
low of
$24.75 on Jun 18, 2004.
Another rally saw prices penetrate
resistance, closing 6/21/04
at $30.45. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jun 21, 2004 when the solid line crossed the dotted line to the upside.
Support: Remains at $22.75. Resistance: Is at $34.03.
Point & Figure: Reversed to the upside on Jun 21, 2004. A P&F upside
reversal takes place at $26.25. Summary: Technical indicators have turned bullish. BUY! TASER INT'L
(TASR-Nasdaq) @ $31.13 Stop: Use a protective stop of $29.13.
TASER INT'L is currently trading @ $30.45 plus $4.68 on Jun 21, 2004. Price Objective:
$42.00. Risk/Reward: $2.00 VS. $10.87. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$42.00
Risk/Reward:
$2.00 VS. $10.87
Risk/Reward Ratio:
5:1
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