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notprofessorgreen

$CDNS under accumulation, approaching buy point

Cadence Design Systems, Inc. (NASDAQ:CDNS)  
notprofessorgreen  
NASDAQ:CDNS   Cadence Design Systems, Inc.
Pivot Points Volume ibd50 relativestrength updownratio pocketpivot
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pivotpoints volumestudies ibd50 relativestrength updownratio pocketpivot
$CDNS showing classic signs of being under accumulation, with a six month base, multiple pocket pivots and an up/down ratio of 1.43 - it has an acc/dis rating of A- on IBD and features in the top 50, with a composite rating of 96. Definitely worth keeping on watch for a break over $168.83
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