I wrote about Travelzoo (TZOO) Friday and how it had been scorching any bears who dare show their face. Today it is up another 8-9% and sits 36% above the 20 day moving average. For the very nimble there might be a shorting opportunity here... as they say, it is a bit "extended". Usually when a name moves this far away from any form of support, it comes in.... err, unless it is silver.
No position
Monday, April 25, 2011
Travezoo (TZOO) Now 36% Over the 20 Day Moving Average
Posted by
Mark
at
2:35 PM
Travezoo (TZOO) Now 36% Over the 20 Day Moving Average
2011-04-25T14:35:00-04:00
Mark
Travelzoo|
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Labels: Travelzoo
Travezoo (TZOO) Now 36% Over the 20 Day Moving Average
2011-04-25T14:35:00-04:00
Mark
Travelzoo|
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