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 for this quarter and looks like CDNS did well
NV is high
Short interest is low
Not a recommendation
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 recommendation