Just wanted to share what im seeing on the chart. Downtrend broken, resistance broken through now lets see if this becomes a new support area.
Will post updated visuals next week
All ideas are paper trades. GL
Continuing to DCA on the macro into CRSR ahead of 2022 which I hope will be CRSRs year.
Strong conviction in the company (still) and the price has been beaten down and showing signs of bottoming out around these levels.
Green cross on weekly MACD, bullish cross on RSI, Money flow bottom out (on weekly).
** NOT FINANCIAL OR TRADING ADVICE **
Corsair has been trading in a Descending Channel since its peak in June and is finally looking like it is ready to break it to the upside to retest the trading range it has fallen from. We can determine this by the strong wick we at $26 along with squeezing at the top of the channel.
A successful break of this downtrend will send the price to roughly $30. If CRSR...
