Yes..new 52 week high and will go higher. Look at the chart, especially weekly..see that $58. This stock is in an uptrend and do not fight the tape. Also has super fundamental..short something that has weak fundamental and downtrend chart..
So far so good, if a guy is long.
I see $58 on a weekly, but I don't see anything that makes it resistance . CREE has about doubled this year. An uptrend yes, parabolic, like many stocks. But super fundamentals? Does it really?