TASER INT'L
(TASR-Nasdaq):
Technical Viewpoint: From a low
of $24.75 on Jun 18, 2004 prices
rallied, reaching a
high of $48.49
on Jun 28, 2004. A
decline saw prices pull back, reaching a
low of
$39.34 on Jun 29, 2004.
Another rally saw prices penetrate
resistance, closing 7/1/04
at $43.70. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 24, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $39.34. Resistance: Is at $48.49.
Point & Figure: Reversed to the upside on Jun 30, 2004. A P&F upside
reversal takes place at $46.25. Summary: Technical indicators have turned bullish. BUY! TASER INT'L
(TASR-Nasdaq) @ $44.38 Stop: Use a protective stop of $42.38.
TASER INT'L is currently trading @ $43.70 plus $0.47 on Jul 1, 2004. Price Objective:
$59.50. Risk/Reward: $2.00 VS. $15.31. Today's Risk Reward Ratio: 8:1
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