CRUS BounceCRUS exploded on earnings, pushing it nearly all the way to its old high and top. It has expanded way beyond bollinger bands on the weekly chart and is extremely overbought for the time being on the daily chart. I expect this to bounce off its old high and retrace back to its moving averages around the $62 level. This has also finished its rounding pattern and will possibly start to retrace to form its handle, in a cup and handle formation.
