TRAVELZOO INC
(TZOO-Nasdaq):
Technical Viewpoint: From a low
of $24.21 on Aug 12, 2004 prices
rallied, reaching a
high of $49.06
on Aug 30, 2004. A
decline saw prices pull back, reaching a
low of
$38.79 on Aug 8, 2004.
Another rally saw prices penetrate
resistance, closing 9/7/04
at $54.40. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 7, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $44.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 7, 2004. A P&F upside
reversal takes place at $52.00. Summary: Technical indicators have turned bullish. BUY! TRAVELZOO INC
(TZOO-Nasdaq) @ $55.25 Stop: Use a protective stop of $52.75.
TRAVELZOO INC is currently trading @ $54.40 plus $10.38 on Sep 7, 2004. Price Objective:
$69.50. Risk/Reward: $2.50 VS. $14.25. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$69.50
Risk/Reward:
$2.50 VS. $14.25
Risk/Reward Ratio:
6:1
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