CRSR BUY/LONG INCOMING BUY ENTRY!! 35.00-51.00 BY SEPT 2021 !!
TICKER CODE: CRSR
Company Name: CORSAIR GAMING INC
Industry: TECHNOLOGY SERVICES, PACKAGED SOFTWARE.
Position Proposed: BUY/LONG
Entry: NOT READY (35.00-36.50)(VERY SOON)
1st Partial Take Profit: 51.00 (OCT 2021-DEC 2021)
2nd Partial Take Profit: 65.40 (APRIL 2022-JUNE 2022)
Stop Loss: 31.45
Technical Analysis
1. Flagpole + Falling wedge Indicates a BUY/LONG to the stated TP levels.
2. Adding on the Fibonacci retracement and Expansion on SIlver and Gold levels, 0.618(27.76) and 1.0(65.65) respectfully
3. Potential Inverse H&S forming to complete the Falling Wedge Retracement levels (35.00-36.50) before completing the second shoulder(40.65)
4. RSI indicates an overbought scenario therefore advised to enter at stated levels(35.00-36.50)
Company Name: CORSAIR GAMING INC
Industry: TECHNOLOGY SERVICES, PACKAGED SOFTWARE.
Position Proposed: BUY/LONG
Entry: NOT READY (35.00-36.50)(VERY SOON)
1st Partial Take Profit: 51.00 (OCT 2021-DEC 2021)
2nd Partial Take Profit: 65.40 (APRIL 2022-JUNE 2022)
Stop Loss: 31.45
Technical Analysis
1. Flagpole + Falling wedge Indicates a BUY/LONG to the stated TP levels.
2. Adding on the Fibonacci retracement and Expansion on SIlver and Gold levels, 0.618(27.76) and 1.0(65.65) respectfully
3. Potential Inverse H&S forming to complete the Falling Wedge Retracement levels (35.00-36.50) before completing the second shoulder(40.65)
4. RSI indicates an overbought scenario therefore advised to enter at stated levels(35.00-36.50)