Travelzoo (TZOO) is a global Internet media company. Travelzoo informs over 22 million subscribers worldwide, as well as millions of Website users, about the best travel, entertainment and local deals available from thousands of companies. The stock is trading up 2% at $30.40 in recent trading.
Today's Volume: 763,000Average Volume: 636,473 Volume % Change: 105% From a technical standpoint, TZOO has flirted a few times intraday today with a big breakout above some near-term overhead resistance at $29.88 and $30.60. Market players should look for a sustained high-volume move and close above those levels to signal that this stock wants to trend much higher. At last check, volume today is already well above its average, so watch how the stock closes. If we get a strong close near the daily highs, then I would look for TZOO to re-test $35 to $36 or potentially trend even higher in the near future. Travelzoo is rated C hold by TheStreet Ratings.
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