Bullishcharts

$CRUS Apple demand boosts Cirrus Logic

Long
NASDAQ:CRUS   Cirrus Logic, Inc.
Entry level $57.00 = price target $69.00 = Stop loss $55.00
Bullish setup developing on the chart, with a possible bull flag.
Indicators and Bollinger bands bullih.
Apple demand has increased.

P/e ratio 35.04
Short interest 9.02%

Company profile
Cirrus Logic, Inc. develops high-precision, analog and mixed-signal integrated circuits for a range of customers. It builds an analog and signal-processing patent portfolio. The firm delivers optimized products for a variety of audio, industrial and energy-related applications. Its product lines include portable audio products and non-portable audio and other products. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.

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