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Explici_Gains
Oct 21, 2020 3:35 AM

CRSR idea 

Corsair Gaming, Inc.NASDAQ

Description

previous high of 21.98 stood as support after a rejection
bounced off the support level to stay above the VWAP pushed to make a higher at 23.81 failed to hold level came down on the VWAP as support
VWAP 22.81

Scenario A: Fail to make a higher high retest 21.98 support level if that fails next support is 21.21
entry 22.10
exit 24

Scenario B: We make a higher high breaking previous high of 23.81, wait for retest to see if 23.81 wild hold for a support level
entry 23.90
exit: 24.60

Scenario C: We see a huge pullback to fill the gap previous market behavior shows after making several higher highs that CRSR pulls backs to fill gaps
consolidation to another push up
Comments
instructions101
Great technical analysis!
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