CRSR appears to be trading within the same ascending triangle that it has been in for the past 60 days. A breakout will be considered when a daily candle closes above the $36 price. Afterwards, the potential exists for quick price movement back to the $45-$50 range. Anticipate positive movement on this stock, especially considering the strong Q1 ER.
Comment:
RED ALERT: Price has dropped out of the ascending wedge. The bottom of the wedge could become new resistance. Hold off on entry until a new pattern emerges.