Cadence Design System Inc. - $CDNS - Swing Setup - Long

• Painted a NR3 & NR7 combo to end the week
  
• With rising 5ema supporting Friday's almost hammer like bar
  
• Bullish RSI
  
• MACD is sideway, although slightly bearish
  
• Long entry above last week's high; Target at 2nd Fib, with stop at under Friday's low.