TRAVELZOO INC
(TZOO-Nasdaq):
Technical Viewpoint: From a low
of $82.51 on Oct 23, 2004 prices
rallied, reaching a
high of $99.75
on Dec 3, 2004. A
decline saw prices pull back, reaching a
low of
$84.36 on Dec 9, 2004.
Another rally saw prices penetrate
resistance, closing 12/23/04
at $95.63. Technicals: RSI Index (RSI): A Buy Alert!
was given on Dec 23, 2004 when the solid line crossed the dotted line to the upside.
Support: Remains at $90.00. Resistance: Is at $99.50.
Point & Figure: Reversed to the upside on Dec 24, 2004. A P&F upside
reversal takes place at $95.00. Summary: Technical indicators have turned bullish. BUY! TRAVELZOO INC
(TZOO-Nasdaq) @ $98.38 Stop: Use a protective stop of $95.63.
TRAVELZOO INC is currently trading @ $95.63 plus $3.84 on Dec 23, 2004. Price Objective:
$119.50. Risk/Reward: $2.75 VS. $21.12. Today's Risk Reward Ratio: 8:1
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