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CBIZ Inc. (CBZ) – stock is trading around $24.47 dollars as of September, 24, 2019 and offering a possible buying price between $24.12 – $25.33. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout back in mid July from a long sideways move.
3. The stock posted solid gains in next few weeks.
4. Then the stock went into a consolidation mode.
5. The stock also found support at the 50 day moving average line.
6. The stock also witnessed more accumulation weeks than distribution since the breakout.
7. The stock is offering possible buying price between $24.12 – $25.33, with a stop loss at $22.19.
This stock is already part of the Stocks Under 50 Dollars pick and performance will be tracked here .
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