In this phase 3 the price is over the 30MM. In a 4.39% the price rise to the resistant and 20.44% to the support. Sell.
Can be long above 46. RSI getting ready to peak Solidly pushing through several supply levels
Yesterday in the day chart CDNS closed with a long legged doji. From the chart patterns and technical analysis. No confirmed direction yet where the price of this stock is going. Although from technical indicators RSI, CCI & Volume it might go more to the down side. *** This is not an investment advise ***
With the exponential increase in the use of FPGAs and ASICs, CDNS is in a nice position. In addition, trend and momentum are confirmed by Trading Shift Indicator -- see link below.
The only 'decent' bearish move out there today.. Bulls are STRONG
This is another great ascending triangle possible breakout. I will be buying options at the open today 1/12/17 if this opens higher. Longer term trend bullish
IBD rating -- Group: 122/197 (#1 in group) EPS: 92 SMR: A PE: 21 Earnings due: 25 Jul 2016
Painted a NR3 & NR7 combo to end the week With rising 5ema supporting Friday's almost hammer like bar Bullish RSI MACD is sideway, although slightly bearish Long entry above last week's high; Target at 2nd Fib, with stop at under Friday's low.
I'm down 2R on the day. This will be my last one if it triggers and I lose. RISK MITIGATION IS KEY!!
Stoch and RSI looks good, MACD A and signal line look to be flipping. Looks like the bottom