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Tuesday, October 24, 2006 

TZOO surged 20% today !!!!

Chart courtesy of stockcharts

Shares of TZOO Travelzoo Inc., an Internet media company jumped nearly 20%, after the company said that third-quarter net income doubled on growth in online advertising, net income rose to $4.6 million, or 28 cents per share, from $2.3 million, or 13 cents per share, a year earlier.
The technical chart shows a big jump today and stock breaking above 37.50$ resistance level, with MACD also rising. We should expect a retest of this level to run up again.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a great evening !!!

AC


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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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