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.
Interesting test of 200MA from a weekly perspective that also confluences with a positive divergence over stochastic indicator, look for longs from a D1 perspective in order to target upper resistance level at 100.
welllll whyyy?? they bagged earning meaning there next one will probably do great new CEo it dropped hard and i saw a great buying time so here i am they make crazy chips and there biggest customer ?? APPLE!! another no brainer to buy at this dip Gainzzz baby
CRUS is a tech company that makes the electronic parts for AAPLs product, it just cracked ATHs off good earnings. Looks like a bullish butterfly is forming along the hourly with a double top on the monthly TF. Fundamentals align as well with news of insider sales from Cirrus Logic owns Forsyth. "Sell the News" , a lot of popular finance sites saying buy CRUS at...
On the left spotted ultra high volume bar, distribution started here from big money. The stock came back to the same area and volume is drying dramatically. creating high chance for short trade. Entry on Monday open price Stop loss = 38.39 Profit target 1 = 35.23 The plan : At profit target 1 exit half of the position . and profit target 2 will be...
I don't have any shares or position in CRUS. For those who DO have at least 100 shares, CRUS is paying some SOLID prem for a covered call in this area. I would not buy here JUST to do the covered call, just FYI...
Small gap. Looks to be in a nice pivot. Might work for a quick bearish day trade. 31.73 is the 200 SMA on the daily. Could be a decent location. ALlso, CRUS appears to be in a large channel.
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