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CDNS: double top pattern?

Short
Cadence Design Systems, Inc. (NASDAQ:CDNS)  
Peet_Serfontein  
NASDAQ:CDNS   Cadence Design Systems, Inc.
Trend Analysis Chart Patterns Technical Indicators Contains image
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trendanalysis chartpattern indicator containsimage
The 200-day simple moving average acted as some major resistance.
A price action below 159.50 supports a bearish trend direction.
Further bearish trend support below 158.00.
Consolidation price range from 151.50 to 157.00
Crossing below 151.50 might target 146.00.
Crossing above 157.00 will be the first sign of pending strength.
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