Travelzoo Inc

By root | December 11, 2006 AAA

For today's chart we've chosen to take a look at TZOO because it is nearing the combined support of a medium-term trendline and its 200-day moving average. As you can see from the chart below, TZOO has trended sideways since early June, but with recent consolidation in the sector, bulls may start to look for entry prices in other travel companies near confirmed support levels. We'd expect to see TZOO shares trend higher until the bears are able to send the price below the support of the trendline near $29.



TZOO_121206.gif




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