Everyone Loves a Good Comeback

Despite controversy about how safe the product may be, in terms of recipients of the "business end" of a Taser being actually harmed, TASR is up nicely today after several quarters of correcting and laying dormant. 

Taser, a heavily-shorted name, still may be capable of trading obviously to what the broad market does, as evidenced by today's surge even as the Dow falls 100 points as I write this. 

On the daily chart, below, note the possible bottoming formation highlighted. Also note that today marks the first time TASR is trading above its 200-day moving average (yellow line) since last July. 

To be sure, much work needs to be done to improve the chart longer-term. 

But with the meat of a general election season in front of us, and plenty of likely protesters all the way around, a revival in TASR would not seem unreasonable. Holding above $20 now would be a good first step.