short term down trend on CBZ

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



The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.