Chart: Weekly Scale
Clearly the pattern was negated as the market was hit with the COVID-19 related market crash of 2020. Once the markets bottomed, CDNS returned to the breakout level and continued its breakout.
Chart: Weekly Scale
Clearly the pattern was negated as the market was hit with the COVID-19 related market crash of 2020. Once the markets bottomed, CDNS returned to the breakout level and continued its breakout.