scorpious

short term down trend on CBZ

Short
NYSE:CBZ   CBIZ, Inc
This is what I believe is happening,


over all CBZ may have an good long term growth. but for a very short time frame it appears to relax it self.

1. CBZ has been oscillating between its upper and lower trend lines for a while, until recently it spiked through the upper trend line .
2. CBZ is showing divergence between its price and Stoch .
3. gradual reduction in volume showing loosing interest in the bullish move ahead
3. on a fib scale I think stands upto relax 50% of its previous move

-Cheers
Scorp

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