Monday, April 25, 2011

Travezoo (TZOO) Now 36% Over the 20 Day Moving Average

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

Disclaimer: The opinions listed on this blog are for educational purpose only. You should do your own research before making any decisions.
This blog, its affiliates, partners or authors are not responsible or liable for any misstatements and/or losses you might sustain from the content provided.

Copyright @2012