Visual view
CRUS
CRUS drops 12% to Bollinger support and reverses strong — target $179.00
Golden Pit Reversal
As of: 2026-05-19
Watch$156.20 Bollinger lower band — the reversal stands while this holds
RiskClose below $154.54 means support has broken
ConfidenceB
Why now
Cirrus Logic makes the audio chips in most major smartphones — steady earnings-driven trend higher all year. The 12.5% pullback to the Bollinger lower band is precise, and the reversal candle has a body ratio of 0.73 — one of the strongest reversal candles on today's board. Clean and tight.
How to think
- Enter at $161.14 — reversal off Bollinger lower band
- Stop $154.54 — below the pit floor
- Target $179.00 — prior high
What to watch
If CRUS holds above $159 Tuesday, that confirms support is working. First checkpoint at $168.
Simple explanation
A 12.5% pit from the May 7 high at $179, bottoming at $156.67 (Bollinger lower band), with a strong reversal close at $161.14. Body ratio 0.73 — most of the day's range closed as a bullish body. Fresh signal, day zero.
Risk
Stop is close — if CRUS closes below $154.54, the pit has failed. Quick exit, no second-guessing.
FAQ
CRUS is an audio chip company — is the AI angle real?
Less direct than data center names, but Cirrus benefits from smartphone upgrade cycles and edge AI processing in Apple devices. The trend has been consistent and earnings have supported it all year.
Pattern params and score explanation
Setup typeGolden Pit Reversal
PatternA 12.5% pit from the May 7 high at $179, bottoming at $156.67 (Bollinger lower band), with a strong reversal close at $161.14. Body ratio 0.73 — most of the day's range closed as a bullish body. Fresh signal, day zero.
TimeframeDaily
Tagsgolden-pit, semiconductors, audio-chips, CRUS, bull
{
"price": 161.14,
"priceLevels": {
"entry": 161.14,
"stop": 154.54,
"target": 179,
"support": 156.2,
"resistance": 179
},
"metrics": {
"score": 0.719,
"rewardRisk": 2.708,
"volumeRatio": 0.944
},
"patternParams": {
"strict": false,
"subtype": "reversal",
"pitDepthPct": 12.47,
"reversalBodyRatio": 0.734,
"winStartDate": "2026-04-21",
"recentHigh": 179,
"pitBottom": 156.67
}
}