Cadence Design Systems (CDNS) – Keep an eye on tomorrow’s earnin

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Cadence Design Systems (CDNS) – Keep an eye on tomorrow’s earninCadence Design Systems, Inc.BATS:CDNSperezliz37Cadence (CDNS) is reporting earnings tomorrow before the market opens, and honestly… this one might surprise. Last quarter they not only beat expectations but also raised guidance — that’s no small thing. Since then, the stock has been consolidating nicely around the $160 zone. The chart looks solid: low volume pullbacks, RSI cooling off, and MACD looks ready to flip bullish. If they deliver again (or just hold strong forward guidance), we could see a clean breakout toward $170+. 🟢 My game plan: — Entry if it breaks $162 with volume — Stop at $158 — Target $170–$175 Not financial advice — just what I’m seeing. The setup looks good and the risk is well-controlled. What’s your take?