✅ Two More Watchlist Wins: SHOP & CDNS on the Money

Highlighted on July 4th as high-probability setups, Shopify (SHOP) and Cadence Design Systems (CDNS) have now moved into their take-profit zones—delivering solid upside in just weeks.

🛒 Shopify (SHOP)

  • Entry Zone: $110–115

  • Current Price: $127.00

  • Growth Target: $130–140

  • Why It Moved: Improving margins, active rollout of AI tools, and enhanced platform stickiness are fueling strong momentum.

  • Approximate Return: 12.9%

  • Risks: Consumer softness and churn potential remain considerations.

🧠 Action Tip: Consider trimming into strength or employing a trailing stop as you near the upper target zone to lock in gains.

🔧 Cadence Design Systems (CDNS)

  • Entry Zone: $320–330

  • Current Price: $360.50

  • Growth Target: $350–380

  • Why It Moved: Surging demand for EDA software amid AI expansion and export-policy tailwinds is supporting strong upside.

  • Approximate Return: 10.9%

  • Risks: Valuation is rich and export policy uncertainty could introduce volatility.

🧠 Action Tip: With CDNS hovering near the lower end of the target zone, consider locking in profits or raising protective stops as premiums build.

🔍 Key Takeaways

  • Shopify is slightly below its upper target but maintaining positive momentum.

  • Cadence is trading toward the lower edge of its target range with catalysts still in play.

🔜 What’s Next?

We’ll continue surfacing setups early—before the crowd.

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Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.