Taser International Bullish Moving Average Crossover Alert (TASR)
Today, shares of Taser International (NASDAQ: TASR) have crossed bullishly above their 10-day moving average of $7.10 on volume of 1 million shares.
This may provide swing traders with an opportunity for a long position as such a crossover often suggests higher prices in the near term. Watch for a close above this moving average level for confirmation.
SmarTrend issued an Uptrend Alert for Taser International on January 06, 2010 at $5.49. In approximately 2 months, Taser International has returned 31.9% as of today's recent price of $7.24.
We will continue to monitor TASR's share price relative to this moving average.
Write to Chip Brian at cbrian@tradethetrend.com
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