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.
OPERATING INCOME 30% ABOUT 1% CAPITAL
$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...
the valleys and troughs of volume signals a good trade.
NASDAQ: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.
I. 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....
No one has ever lost money investing with A.I help. Actually, one can make $1 million within one month! Start Today Free!
Nice double divergence here, could fall to $67 $70 but long term is bullish, strong fundamentals and a great opportunity if it pullbacks.
CDNS 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 highs
After a failed breakout, last week it got above the pivot resistance with high volume but rsi is still below the trendline.
Autonomous A.I Trading Best 5G stocks to invest in 100% anti-coronavirus distress