Bearish div on 4H and 1D for CDNS Stock

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
Bearish Patternsbearish-divergenceCDNSDivergenceshortTrend Analysis

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