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TZOO - Sector: Services---Industry: Internet Information Providers

Started by eliteG, May 30, 2005, 09:28:04 PM

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eliteG

TZOO - its not a perfect saucer bottom, more like a frying pan bottom but it needs to be watched.  That trendline has a very good chance of being gapped right through with all the shorts in there.  I think there is very strong support around $30 as some shares were priced there in some offering.  I say $50 at least short term if we have a nice volume bar.  

AussieTrader

I'd taken TZOO off my watch lists  I kinda consigned it to 2004 history, thanks for highlighting it, nice base formed for sure. I have some reservations that the stock has had its day (well Year really) but I also like gap plays so will watch.
AussieTrader
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eliteG

yea TZOO taught everyone what short squeezing can do...I think it will be fun to watch at least.  Here's the long chart so everyone can see what we're talking about...wow.

eliteG

entering tomorrow...may be stopped out but worth it, imho


eliteG

watch the TZOO, stop now at low of day

eliteG

please look at the time I brought up the alert today and its movement (intraday) afterward...come on thats amazing!  TZOO will launch up in the coming days.  My stop is the low of today.

tommyt

Man, I love this place. I'm in at 36.00, let's roll.

Ramsburg


Nice breakout ;)

Thanks for the pick EliteG,
You're the man !

(applaud)
Frederick Ramsburg
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stocky


David Randolph

#9
TZOO yesterday crossed a descending trendline and the 50 day moving average. Both those resistance lines were putting a cap on TZOO since $110 was reached back in January 2005 (not so long ago):



This should produce a meaningful rebound in these shares. I'm buying the open.

Everyday I will analyze TZOO after the market close until I sell the stock. I always tell I'm going to sell before I actually take action. You just have to follow the answers to this post.

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RichL74

My friend, you are on the money. The 50 day MACD chart has been creeping back up since May 2nd. I too will be in action at the open. Thanks David.

eliteG

so nice gap up huh and a 3stocksonfire pick!  woohoo lets rock!  8)

David Randolph


RichL74

Question: Should  there be any worry about the 40% short position this stock has? I know we live and die by the charts, but do existing short position be considered?

toros

Short position of 40% is a good thing for the run actually, they have to cover in 1.5 days.