( Yesterday close ) Chart courtesy of stockcharts

Shares of Taser “TASR” are in focus today after on Tuesday Company reported that third-quarter net income more than doubled, on higher orders from law enforcement agencies in the United States, as well as from international orders. Taser shares have risen more than 100% this year, reflecting a strong investor confidence in the company and the good results that company produced along this year. Looking at the daily chart, stock is now able to recover some of the recent loses that brought share price to near its 50 dma, where have found a good support. Now, stock can move up to test the big resistance at $19, so keep an eye on Taser for a possible breakout over this resistance.

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