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Cadence Design Systems, Inc.
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Bearish div on 4H and 1D for CDNS Stock

48
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
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Bearish Patternsbearish-divergenceCDNSDivergenceshortTrend Analysis

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Bearish Patternsbearish-divergenceCDNSDivergenceshortTrend Analysis
Tornado_Trading
tornadotrading.nl
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إخلاء المسؤولية

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.