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Dc1392
Jul 5, 2021 6:06 AM

Corsair analysis.  Long

Corsair Gaming, Inc.NASDAQ

Description

CRSR has been one that has been disappointing, but at the same time excited about the future of this company. This PC i am currently on writing this is mostly all Corsair products and have not had any issues with any of there products. Planning on building a 2nd PC and will definitely buy Corsair products again. Looking at the daily chart on this it has not done much, but move sideways and got that move up on June 14 which turned out to be a false breakout. Price action on this has been boring with no big moves up nor down. I have been averaging down and will not sell anytime soon as i see this company benefiting with recent news of graphics cards going back to normal stock. Once gamers are able to get there hands on them i see alot of gamers updating or building new pcs which will mean revenue for Corsair. My price target for Corsair is 50 dollars.
Comments
BigbyC
I think the big fallacy here is you not taking Eagletree into account. The majority owner is looking to cash out, and that may hold us down for awhile. I would hesitate to go into calls unless you’re allowing for some time. Shares at 28-31 are a pretty good deal imo, I’ve been selling puts at $30 strike, but if they miss earnings there is some risk. Good luck
bitflexing
the accumulation is crazy on this stock. long crsr
Chartguru1
Amen brother
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