CDNS: Breakout of the range up.The range resistance level could be broken upwards with the minimum target level around 180.Longby GeliumUpdated 0
CDNS BreakoutBreaking out of 4 Month Long Rectangle 200 DMA Holding dips Want to see volumes on a higher sideLongby zhasan92hzUpdated 882
Long CDNS (Cadence Design Systems) on daily close break of $129A daily close above $129 should bring CDNS up to at least close the gap.Longby The_Position_Trader2
CDNS gap downEarnings beating + good news and good growth mean that some firm cashed in on their investment which drove the price down. stop-loss before the next resistance 2:1 return longLongby chfor1830
$CDNS with a slight bullish outlook after its earnings #Stocks The PEAD projected a slight bullish outlook after positive over reaction following its earnings release placing the stock in drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. Longby EPSMomentum2
Cup and HandleCDNS fell from a bearish rising wedge and changed the handle low in the process. Hoping fall is complete HL (handle low) is now very close to mid cup which is 107.5 Possible Stop under Handle low or mid cup..if you plan to handg on to this long term, I would place stop somewhere below 107.5 considering possible market volatility until election Earnings over for this quarter and looks like CDNS did well NV is high Short interest is low Not a recommendationLongby lauralea1
$CDNS could retest $105I see a rising wedge inside of a much larger upwards sloping trend line. Stock may have gotten ahead of itself and could retest $105 (trendline from March). The pink box shows that price has been rejected at the highs. See the wicks. Dropping to $105 would not be bearish. Bearish if breaking below that.by bulltradingtips0
AllTimeHigh + Moving Averages$CDNS is again testing its ATH, after price broke up all its moving average.by TizyCharts0
2Q Earnings CUP AND HIGH VOLUM BUY CDNS 103.70$Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2020. Cadence reported second quarter 2020 revenue of $638 million, compared to revenue of $580 million reported for the same period in 2019. On a GAAP basis, Cadence achieved operating margin of 24 percent and recognized net income of $131 million, or $0.47 per share on a diluted basis, in the second quarter of 2020, compared to operating margin of 23 percent and net income of $107 million, or $0.38 per share on a diluted basis, for the same period in 2019. 1% CAPITALLongby Benji-132
BIG Pontential For CADENCE DESIGN SYSTEMSHey guys, CADENCE DESIGN SYSTEMS is on a strong trend support bullish movement, rejection of buyers at the end of the session we are at the top of the stabilization zone and the possibility of breaking it. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd5
Signals For 23/06/2020Hi guys, me again. Let’s get on with some more signals. EURUSD – the price is in a resistance at 1.13. If the price holds above – long with a target at 1.1340, but if it’s a false breakout, short with a target at 1.1260 GBPUSD – the price got a bounce for the level at 1.25, I recommend a short with a target at 1.2430 USDCAD – the price is in a range between 1.36 and 1.35and tried to get a bounce from the bottom, so you can long with a target at 1.36, if the price impulses out the bottom and forms and entry, you can short with a target at 1.34 Oil- the price tried to hold above 40.50, so I expect a bounce from 41/50. If a reversal pattern forms – you can long with a target at 41.50. If it breaks out and holds below, you can short with a target at 39. AMD - the price is in a consolidation between 55.50 and 54. I’m feeling bullish, so I expect a breakout follow by an entry pattern, after which you can long with a target at 57.50 BIIB - the price is in a range between 270 and 260, so we once again have to wait for a reaction. If it impulses out the top, you can long with a target at 285. If it impulses out the bottom, you can short with a target at 240. CDNS - the price tried to break an all-time high last session, but holding above 94, I recommend you long with a target at 97. That’s about it, I hope you found this useful, have a good day. by Horizon_Trading5
$CNDS: volume indicates longthe valleys and troughs of volume signals a good trade.Longby yujingrUpdated 5
CADENCE DESIGN SYSTEMS INCNASDAQ:CDNS Hey, traders. Well, obviously, it'll storm the new historical high. We're gaining up a position to break through. Wait for the long above the level.Longby Alexey_Malorodov4
CDNS - Uptrend + Pinbar from value zoneI. Analysis 1. Strong in an uptrend as defined by the series of hh/hl + price trading above 20MA - looking for long opportunities 2. 20MA tested trice as support and held - value zone identified 3. Significant bullish pinbar formed upon third test of 20MA - entry trigger To sum up, we are trading in the direction of the trend - after all the trend is our friend. We are trading from a vale zone as identified by the 20MA - this zone allows us to set an obvious stop loss + expanding the potential profits to be taken increasing the r/r ratio. Finally, we have a clear entry trigger as well in the form of a bullish pinbar. II.Trade 1. Enter next candle 2. SL 1 ATR below 20MA // traing 20MA for trend following 3. TP next sing high for traders with more pain aversion // TP once price crosses and holds below 20MA for trend followers (trace SL) Plsd to hear yr comments. Cheers RubenLongby ruben_rodrigues6
$CDNS Technical AnalysisNice double divergence here, could fall to $67 $70 but long term is bullish, strong fundamentals and a great opportunity if it pullbacks. Shortby HeinBlackwood8
CDNS double topCDNS shows signs of a double top. With the coronavirus also making markets uncertain and bad US data this makes this trade a good one. Stop-Loss slightly above all-time highsShortby AdeebMoosa4
Cadence Design $CDNSAfter a failed breakout, last week it got above the pivot resistance with high volume but rsi is still below the trendline.by TheBullseye4
Cadence Design on Breakout watch On the verge of breakout Possible long entry $77.83 Target price $86.00 Stop loss $75.69 RSI in strong uptrend and room to run higher. Upgrade rating from Benchmark Benchmark analyst Ruben Roy assumed coverage of Cadence Design with a Buy rating and $90 price target. He believes both Cadence and Electronic Design Automation competitor Synopsys (SNPS) are well positioned to benefit from the increasing complexity of semiconductor designs, Roy tells investors. thefly.comLongby Bullishcharts42
CDNS Bounces Off of SupportCDNS is at risk of a topping formation, but has bounced on its top completion support level. If the stock breaks through this support, the next level of support is below $50. by MarthaStokesCMT-TechniTrader4