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Travel Zoo — TZOO — Taking Off and Breaking Out

Coming off earnings this morning, Travel Zoo (ticker: TZOO) is taking off with a solid breakout pattern out of a nice long base — and is definitely on our radar now.

Let’s take a look at the chart —

Look at that huge wide range bar and that solid volume!  Looking good.  With a low float of 4.1 million shares this could really take off.

As you should know — breakouts can easily fail — so we’ll be watching to see if the low of that breakout bar holds, but — taking a look at a longer term chart we can see that the personality of $TZOO definitely seems to have changed.

Definitely looks like that downtrend has shifted.

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