CRUS along with many other semiconductor companies has been in a slump from the highs over the past couple months. As we see other semiconductor stocks such as AMD, TSM rebounding with the money that is rotating back into the tech space, we should see CRUS make a strong move to follow the sector.
TECHNICAL Analysis: The main things I see are RSI Creeping back...
CIRRUS LOGIC, INC.
Cirrus Logic is a leader in high performance, low-power ICs for audio and voice signal processing applications. Cirrus Logic's products span the entire audio signal chain, from capture to playback, providing innovative products for the world's top smartphones, tablets, digital headsets, wearables and emerging smart home applications. The...
This month, I'm trying a new trade setup where I use 10% of the premiums earned for potential multipliers with limited risk.
When I entered this trade, price was hitting the bottom channel of 88.06. Semiconductors as a sector has been doing well Weekly and Monthly. Hence I entered the following trade
9 Contracts, 100 Strike @ 1.10 that amounts to $990...
they bagged earning meaning there next one will probably do great
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
Cirrus Logic began 2021 with a breakout to new highs. Now it’s pulled back to some potentially interesting levels.
First, Thursday’s close around $86 is near the old peak in January 2020. Will old resistance become new support?
Second, CRUS has returned to its 50-day simple moving average for the first time since it started running in late September.
Earnings have been revised up for the better. Hedgefonds started bying the stock lately cautiosly to not drive the stock price up. Volume has been trying up. Watcht out for the significant support zones to start a position.
more swingtrade ideas in my premium service didis-CHARTS NASDAQ:CRUS
It was difficult to find the pattern and I do not see a ton of volume. Multiple tops and multiple bottoms noted. This chart is very messy. I am watching for now. Not to break out and may or may not get there is foreseeable future. Lots of R overhead. I do see a buying volume spike when it was at 57ish where it appears to be forming an inverted head and...
My model indicates there will be buying between 67 and 73. This is a pure technical play as I am not familiar with this company.
If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have....
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...