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NR7 appears for CDNS after 1.76% move
CDNS finished lower by 1.76% on Wednesday, June 24th, trading 0.5 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 369.45, 366.51 & 361.42, with resistance at 377.48, 382.57 & 385.51. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CDNS: B
Just a sneak peek — check SwingTradeBot.com for the full story on CDNS.
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