TRAVELZOO INC
(TZOO-Nasdaq):
Technical Viewpoint: From a low
of $49.88 on Oct 8, 2004 prices
rallied, reaching a
high of $67.49
on Oct 13, 2004. A
decline saw prices pull back, reaching a
low of
$53.10 on Oct 19, 2004.
Another rally saw prices penetrate
resistance, closing 10/20/04
at $61.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 16, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $55.00. Resistance: Is at $67.49.
Point & Figure: Reversed to the upside on Oct 20, 2004. A P&F upside
reversal takes place at $55.50. Summary: Technical indicators have turned bullish. BUY! TRAVELZOO INC
(TZOO-Nasdaq) @ $61.13 Stop: Use a protective stop of $58.63.
TRAVELZOO INC is currently trading @ $61.00 plus $6.97 on Oct 20, 2004. Price Objective:
$94.00. Risk/Reward: $2.50 VS. $32.87. Today's Risk Reward Ratio: 13:1
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