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MarthaStokesCMT-TechniTrader

CDNS: patterning out speculation to provide support to move up

Cadence Design Systems, Inc. (NASDAQ:CDNS)  
MarthaStokesCMT-TechniTrader  
NASDAQ:CDNS   Cadence Design Systems, Inc.
Support and Resistance Candlestick Analysis Chart Patterns CDNS sidewaysconsolidation bottomformation speculation support Stocks
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supportandresistance candlestick chartpattern cdns sidewaysconsolidation bottomformation speculation support stocks
CDNS is shifting sideways after a strong run out of a bottoming formation. The sideways action patterns out some of the speculation and provides support for the stock to move higher.

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Martha Stokes, CMT
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