Will CRUS have to go down to $16 to find support? Or is it trying to establish a bottom in the 18.30 area? It seems that the 2 year support around $16 is a bit of a stretch. Especially since today's drop is already extreme.
And, some investors took CRUS off pre-market lows of $19 all the way back to $20. I think there is investor support to start buying near current levels. But ya never know.