CBZ is flashing on several of my short squeeze screens, as well as my non extended high volume breakout screen inside The PPT. This is a small cap stock with a low float and heavy short position, which lends itself to high beta and handsome rewards, so long as you are on the right side of the trade.
Looking at the daily chart below, we can see a nice uptick in buy volume today, as the stock looks to be moving out of a period of consolidation within the context of an overall uptrend. If the stock can break and hold above $7.55, there is likely to be plenty of room to run and squeeze higher.
One Response to CBZ is No CB4 Joke
Love it and have been in it since 6.75 or so. Been a long time basing, hopefully it will be worth the wait.