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Stocks

CDNS Swing Trade to $330

CDNS has been trading near three key price levels, and is presenting a buy opportunity near $246.18 support. I would buy near $246.18 with a stop loss directly below around $240. My sell targets are $278.80 and $330.10, there will be sellers at these price levels and pullbacks are likely to occur. Follow me on […]Read More

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Stocks

TSN Trading Within a Large Channel

TSN formed a bullish rebound off the white zone, flipping it from resistance into support. I have a yellow channel with a range between $50 – $132.67. I would patiently wait for a buy opportunity near the lower end of the range around $50-51. There is also a small light blue channel forming, there could […]Read More

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Stocks

QQQ Continues to Trade Sideways Under $500

QQQ is currently trading above the white zone, and is making some gradual progress to the upside. There is a yellow resistance line at $500 and resistance at all time highs near $503.35. I think there could be pullbacks at these price levels and some continued sideways price action for now with support building in […]Read More

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