2waytrading

Symmetrical Continuation Bullish Triangle

Long
NASDAQ:CDNS   Cadence Design Systems, Inc
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I like this pattern. Will initiate long position if Monday price holds VWAP line 12.955 and volume improves. There is higher chance to see 14% upside move next four weeks. If you want you can join us http://woowtrading.net/

Comments

Hit first target, and it seems ready to breakout now. It was a great trade indeed.
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