Cirrus Logic just before the launch into stratosphere?

Earnings just came out and CRUS beats by a meager $0.01 but guides revenues a bit up. The short term trend looks promising as demonstrated by the daily chart here:

Looking back the last nine years reveals that Cirrus Logic is a cyclical stock with no fundamental growth.

However, every company that languishes for years has potentially the chance to change its business and put in a higher gear as, for instance, Apple had proven. Coincidently Cirrus makes chips that are built into Apple’s iPad and iPhone. The gadget market is expected to grow strongly during the next years and so may do this stock.

Technically encouraging is that CRUS broke the high of the last years and that it so far had three quarters in a row with healthy earnings (pink line). Three quarters in a row? Yes, that seems to count already as a success for a semiconductor company.