TASR shares in focus
Monday, September 17, 2007
Taser shares have been in focus today gaining more than 3% to $14.91 after have received a follow-up order from the French Ministry of the Interior for 1,249 of its electronic control devices and related systems. The company did not specify the value of the order. Looking at the technical chart stock is trading in a small range between $16 and $13. However at this movement and according to the overall picture of indicators, it looks like will breakout this range soon. MACD still showing some strenght and RSI are improving again, so there is now reasons to believe in a drop.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: TASR