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Taser International Rising on Above-Average Volume, Consistent With Trend (TASR)
Jan 03, 2013 (SmarTrend(R) News Watch via COMTEX) --
Shares of Taser International are trading today in above average volume, with the share price rising 4.6% to $9.35. Approximately 1.1 million shares have changed hands today vs. average 30-day volume of 815,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend recommended that subscribers consider buying shares of Taser International on July 30th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $5.45. Since that recommendation, shares of Taser International have risen 64.2%. We continue to monitor TASR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Over the past year, Taser International has traded in a range of $3.96 to $9.80 and is now at $9.55, 141% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 1.2%.
Write to Chip Brian at cbrian@mysmartrend.com
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