Taser (TASR) came to our attention pre-market due to a news story about smartphone application. As you will see in the video, no matter what the news, must check the chart for proper trend. Then we estimated a price target from the 50-day moving average. The stock still had plenty of room to run to the target, so we took it down. After 30min, 25% profit target was reached.
To view video of this trade go to: http://www.youtube.com/user/timkathlina#p/u/0/zEQyipPR9mo
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