I wait till the price goes down to 35.20 and going to open long until the price 44.35
the company id profitable and definitely will be one of the winners from the US bonus packet
NASDAQ:CRSR
A nice Bullish Symmetrical Triangle has formed on CRSR...It has just hit bottom support line and I anticipate a strong bounce back up to top resistance where it will attempt to breakout... If a breakout does occur we should see some nice upside to $50+...If breakout is rejected I anticipate the pattern will continue with a drop back down to support line followed...
CRSR earnings are 2/10. People have been gaming and buying PCs. Did you see the Gamestop holiday sales alone? All the crayons look pretty. 40c or 45c 2/19. I had the chance to buy CRSR at IPO for $15 but was a broke bitch ): Missed the same huge spike on Unity($U) back around $90. All the stars aligned in all the time frames and I still didn't take the naked call...
Too many who are engaged in trading, try to guess what will be the exact short-term future course of the traded security (stock, commodity, etc.)
they are dealing with. Behind this futile effort is our ego that is convinced that we are smarter than the rest and so we can predict how the security
will move in the short-term, to take a suitable position and beat...
I am not an analyst or an expert, just a guy who looks at companies he likes subjectively, then looks at the technicals (to the best of my ability) objectively to predict future trends.
At this point in time, CRSR looks attractive. It has dropped from its $51 down to $32 and has bounced an slightly upward channel.
There is also a wedge forming on the daily...
Daily chart show a bullish pennant. Corsair just had some nice Pc cases released, and they look very nice. Just bought a new case and CPU cooler from corsair for my 2nd pc build. Will be spending more on corsair and see this going higher. Bullish on CRSR
CRSR has been trading in a channel for the past 2 months. It's now forming a textbook 3 Drivers pattern on the daily and hitting the lower bound of the channel soon. I think this one has potential.
Entry: $34-$35
Exit: $44 min. within a couple of weeks
i can see this consolidating towards the 35 support level and re consolidating over the next couple weeks to make a build up. as u can soo top resistance has been getting rejected with signs of strong buying on the support. as long as earnings beat again i see this hitting a price target of 62$ exit. will enter between the resistance and support to gain a better...
CRSR 18JAN21 1D TimeFrame
Wait for reversal around buy zone area. MACD and Stochastics shows bearish days ahead, however possible reversal around the buy zone area.
The buy zone area have 3 overlapping supports and can be interpreted as possible reversal zones. (1) Channel bottom support, (2) 33.77 previous swing low support , (3) 50ema area. Additionally the...
Post IPO CRSR had a nice strong trend, and a good run up, then the price action got a little exhausted, RSI got a little overcooked, then it corrected. Since that time, for the last month and half, it has bounced between the 0 and .236 Fib levels. On Friday we reached out and touched the 61 EMA before some buyers stepped in and pushed the price back up for a bit,...
Triangle breakout is at the same level as .382 fib level. If it makes it till feb 24ish (the end of the wedge) without breaking the .382 level beforehand it will absolutely explode then. I expect it to breach above the .382 level before then however. Overall bullish
Might be a good long before earnings .
* 50% fib retracement since IPO
* consolidating and breaking out of range
* pulled back near SMA50
* good fundamentals
Depending on Q4 earnings results and guidance, the stock may target $50.
Estimated 1.4 EPS for 2020 implies $80 @ current PE level of 57.
Overall, the prospects are good for this company. However, the road ahead will be bumpy, especially with IPO lock-up period ending in late March.
Earnings announcement date is expected on Feb 09; however, tradingview charts...
