CDNS corrected the full Fibonacci retracement of 61% and bounced, the stock is now above the 10sma, and RSI broke above 50. So far so good.
Monday, October 3, 2022
CDNS Cadence Design Sys may have bottomed
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CDNS corrected the full Fibonacci retracement of 61% and bounced, the stock is now above the 10sma, and RSI broke above 50. So far so good.