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Bearish div on 4H and 1D for CDNS Stock

Short
Cadence Design Systems, Inc. (NASDAQ:CDNS)  
Tornado_Trading  
NASDAQ:CDNS   Cadence Design Systems, Inc.
Trend Analysis short CDNS Bearish Patterns Divergence bearish-divergence
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trendanalysis short cdns bearish divergence bearish-divergence
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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