TRAVELZOO INC
(TZOO-Nasdaq):
Technical Viewpoint: From a low
of $52.00 on Sep 30, 2004 prices
rallied, reaching a
high of $60.17
on Oct 4, 2004. A
decline saw prices pull back, reaching a
low of
$49.88 on Oct 8, 2004.
Another rally saw prices penetrate
resistance, closing 10/12/04
at $63.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 12, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $52.00. Resistance: Is at $72.10.
Point & Figure: Reversed to the upside on Oct 12, 2004. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! TRAVELZOO INC
(TZOO-Nasdaq) @ $63.63 Stop: Use a protective stop of $61.13.
TRAVELZOO INC is currently trading @ $63.38 plus $6.47 on Oct 12, 2004. Price Objective:
$76.00. Risk/Reward: $2.50 VS. $12.37. Today's Risk Reward Ratio: 5:1
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