Tornado_Trading

Bearish div on 4H and 1D for CDNS Stock

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NASDAQ:CDNS   Cadence Design Systems, Inc.
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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