CDNS High-risk Initial Long. SL and TP on the chart. If CFD 10-20x leverage. Move SL on TP.
Cadence Design Systems ( NASDAQ:CDNS ) doesn't look very strong and is starting to regain downward momentum. If it doesn't break through the resistance line ($156-$158) in the coming weeks, I anticipate it will close the tiny gap between $136.96 and $137.11 and then test support near $125-$126 (if not lower to $120 - dotted blue line). Death cross started in...
Is it time for overpriced tech stocks like Cadence Design Systems , specialising in software and hardware, to go into considerable correction to let some steam out? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - 23% in 2021 but dropped from 42% in 2020 P/E -...
Cadence is meeting its resistance on daily chart. right shoulder is forming and potentially may go down to 148 levels! If it breaks it can touch its previous highs at 180s
Bearish divergence on 4H and Daily. Daily stoch RSI turning down after overbought condition, stoch RSI already declining on 4H. Divergence on MACD-H and EFI as well. Entry: 158.85 Stop: 164,13 TP1: 148.1 TP 2: 145,6
tp 8 % tp 13 at 167 buy 1 at 154 risk 9 at 145 ( 1 : 1,4 ) risk 6 % Financial Strength 7 Profitability Rank 9 Valuation Rank 1 Last Report 2021.06 Trend from 2011.08 Pattern_m - Pattern_w - Pattern_d - EMA_m (trend) - EMA_w (trend) - EMA_d (trend) - MACD_gist_m (divergence) - MACD_gist_w...
The range resistance level could be broken upwards with the minimum target level around 180.
Breaking out of 4 Month Long Rectangle 200 DMA Holding dips Want to see volumes on a higher side
A daily close above $129 should bring CDNS up to at least close the gap.
Earnings 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 long
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.
CDNS 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...
I 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.
$CDNS is again testing its ATH, after price broke up all its moving average.
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...
Hey 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!
Hi 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...