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Bixley
Aug 7, 2022 10:59 AM

CDNS - Bull and Bear Scenarios  

Cadence Design Systems, Inc.NASDAQ

Description

4Hr Chart for CDNS
The red hammer suggests the two points are comparable, and we are headed for a downward move
The second scenario is that the middle green line hodls and price continues up through the higher triangle area
Orange line emphasizes the bear scenario trend line
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