I wrote about Travelzoo (NASDAQ: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.
Competitors to Watch include: Expedia (NASDAQ:EXPE), priceline.com (NASDAQ:PCLN), Orbitz (NYSE:OWW), eLong (NASDAQ:LONG), Ctrip.com (NASDAQ:CTRP), Google (NASDAQ:GOOG), Deltar Air Lines (NYSE:DAL), Alaska Air Group (NYSE:ALK), US Airways (NYSE:LCC), United Continental (NYSE:UAL), Southwest Airlines (NYSE:LUV), Hawaiian (NASDAQ:HA), JetBlue (NASDAQ:JBLU) and AirTrain (NYSE:AAI).
Disclosure: No position
This is a guest post written by Trader Mark who runs the blog Fund My Mutual Fund.
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