BYRN Update: A Year of Growth and Key Insights

[] Where we are with the stock I first mentioned almost a year ago [] [] [] [] It’s been an eventful year for Byrna Technologies (BYRN) — a stock that first caught my attention a year ago or so. You might have first heard me first mention it back in January. What started as a casual recommendation has grown into a story of strong performance, shifting support levels, and evolving growth potential. Let’s take a look back at what I have been saying about BYRN throughout the year and where things stand today. The Stock That Stood Out at $7 My initial discovery of BYRN came from a very personal place — my wife’s interest in their flagship product, a non-lethal self-defense gun. Seeing the practical appeal of the product, especially for folks who might be hesitant to carry a traditional firearm, I started digging into the company. What I found was a small, growing business with a product that I believed could resonate with a wide audience. At the time of my recommendation in January, BYRN was trading around $7. The stock quickly climbed to $15, delivering over a 200% return. But, as I’ll often say, no stock goes up in a straight line. After that initial rally, BYRN pulled back to $10, presenting what I called another strong buying opportunity — as long as it held above $9. Evolving Support Levels: From Resistance to Strength Fast forward to today, and BYRN has reached new heights. After peaking just over $22 at the start of last week, the stock has now pulled back to roughly the $19 range. The way I’m seeing it, the stock has solid support in the $17-$18 range — a level that previously served as resistance earlier in the year. This shift is a textbook example of how key levels that once provided resistance, could shift and become support levels once the stock breaks through them. As the stock consolidates at or slightly above this range, I believe the stock is still a good buy. After all, all the factors that led me to put this stock on my radar are still there: • Expanding Markets: From signing a deal with the Argentinian police to broadening its appeal to individual consumers, BYRN is steadily growing its footprint. • Product Appeal: Non-lethal self-defense is a growing market, and BYRN’s flagship product has carved out a niche, appealing to private citizens and law enforcement alike. • Strong Fundamentals: Despite fluctuations, the company has typically outperformed expectations over the past year. A Look Ahead: Long-Term Potential My long-term price target for BYRN remains unchanged at $25-$30. Don’t let the current consolidation fool you. It’s normal for a stock to take a healthy pause after a strong rally before it continues on to higher highs. Whether you’re already in the stock or considering an entry, in my opinion, BYRN’s story is far from over. Stay tuned. — Geof Smith P.S. Last year, I said 2024 would be the year that gold surges… and it’s more than lived up to that promise. Now my research has uncovered [another huge opportunity]( and I believe it could be the breakout stock for 2025… [] [] It’s been an eventful year for Byrna Technologies (BYRN) — a stock that first caught my attention a year ago or so. You might have first heard me first mention it back in January. What started as a casual recommendation has grown into a story of strong performance, shifting support levels, and evolving growth potential. Let’s take a look back at what I have been saying about BYRN throughout the year and where things stand today. The Stock That Stood Out at $7 My initial discovery of BYRN came from a very personal place — my wife’s interest in their flagship product, a non-lethal self-defense gun. Seeing the practical appeal of the product, especially for folks who might be hesitant to carry a traditional firearm, I started digging into the company. What I found was a small, growing business with a product that I believed could resonate with a wide audience. At the time of my recommendation in January, BYRN was trading around $7. The stock quickly climbed to $15, delivering over a 200% return. But, as I’ll often say, no stock goes up in a straight line. After that initial rally, BYRN pulled back to $10, presenting what I called another strong buying opportunity — as long as it held above $9. Evolving Support Levels: From Resistance to Strength Fast forward to today, and BYRN has reached new heights. After peaking just over $22 at the start of last week, the stock has now pulled back to roughly the $19 range. The way I’m seeing it, the stock has solid support in the $17-$18 range — a level that previously served as resistance earlier in the year. This shift is a textbook example of how key levels that once provided resistance, could shift and become support levels once the stock breaks through them. As the stock consolidates at or slightly above this range, I believe the stock is still a good buy. After all, all the factors that led me to put this stock on my radar are still there: - Expanding Markets: From signing a deal with the Argentinian police to broadening its appeal to individual consumers, BYRN is steadily growing its footprint. - Product Appeal: Non-lethal self-defense is a growing market, and BYRN’s flagship product has carved out a niche, appealing to private citizens and law enforcement alike. - Strong Fundamentals: Despite fluctuations, the company has typically outperformed expectations over the past year. A Look Ahead: Long-Term Potential My long-term price target for BYRN remains unchanged at $25-$30. Don’t let the current consolidation fool you. It’s normal for a stock to take a healthy pause after a strong rally before it continues on to higher highs. Whether you’re already in the stock or considering an entry, in my opinion, BYRN’s story is far from over. Stay tuned. — Geof Smith P.S. Last year, I said 2024 would be the year that gold surges… and it’s more than lived up to that promise. Now my research has uncovered [another huge opportunity]( and I believe it could be the breakout stock for 2025… [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](