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Bixley
Jan 31, 2023 4:45 AM

CRUS - Move Up 

Cirrus Logic, Inc.NASDAQ

Description

Daily chart for CRUS, I expect a move up within the up channel . This up move would be towards the top of the channel.
This is allowed due to the breakout of a smaller downtrend in green.
I have used bars pattern tool to show how I think price will increase.
Quite bullish if it plays out.
Comments
jwbmining
If it's up within the channel wouldn't it need to go down first? Just curious because I have $100 puts that expire on March 17th :P
Bixley
@jwbmining, Looks like its moving up through the middle of the up channel, it certainly doesn't have to go down, it could keep going up
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