Axon Enterprise (AXON) stock is up more than 20% at the time of writing after the TASER maker posted a blowout Q4 release, adding it will more than double its revenue to $6 billion within three years. The post-earnings rally has AXON challenging a key resistance coinciding with its 50-day moving average (MA) on Feb. 25. A decisive break above $539 may accelerate upward momentum in the near term.
Despite their meteoric run on Wednesday, Axon shares remain down some 18% versus their year-to-date high, presenting an exciting opportunity for long-term investors to load up on a quality name at a discount.
