- retracement off XA went to 0.168
- retracement off AB went to 0.618
- now the current price target is the 0.618 fib level drawn from CD leg.
- bullish RSI divergence
60% squeeze coming in next few weeks...
Corsair for it's entire life has shown nothing but Negative Momentum on the Weekly MACD but now only after hitting the PCZ of a Bullish Gartley has it decided to print a Bullish Candle Stick Pattern and show a Curling up in MACD Momentum; this may signal seller weakness and if this continues we will see the first bar of Positive MACD Momentum in the asset's Entire...
Quick chart if you're looking for an earnings gamble.
I do think it's worth a shot.
next stop $24??
I think the orange trend line is going to be a key area for either a rejection or new support for the next move upwards.
Continuing to DCA on the macro into CRSR ahead of 2022 which I hope will be CRSRs year.
Strong conviction in the company (still) and the price has been beaten down and showing signs of bottoming out around these levels.
Green cross on weekly MACD, bullish cross on RSI, Money flow bottom out (on weekly).
** NOT FINANCIAL OR TRADING ADVICE **
Going into 2022, CRSR is one of the more attractive companies to buy and hold. The company is vastly undervalued and is one of the major players in hardware gaming industry. They should see at least a 30% comeback within the next few months.
Monthly chart is oversold and price is holding up a major resistance at 20. On daily you can see the accumulation phase is...
Corsair looks to be forming an ascending triangle.
Usually it is a continuation pattern that occurs during an uptrend but it looks to be forming as a reversal pattern right now.
This is a long term stock for me, i hope it goes up from here.
DYOR.
Can be a good swing idea as of now.
Hi All, my main 3 take-outs from this analysis are the following:
1- The price is bouncing from what seems to be a right shoulder of a reversal head & shoulder, visible in 4H timeframe but even more visible smaller timeframes
2- Next resistence to look at seems to be at around 21.7$, where there is also a nice gap to be filled.
3- If we manage to break this...
CRSR has been beaten down hard this year and can't seem to catch a break. It recently broke above it's downward trending channel and appears to be on the right shoulder of inverse head and shoulders pattern. A few potential partnerships could definitely help.
Don't listen me to though, I'm just an idiot that likes playing around on here.
The share price for this company have been absolutely beaten down since February 2021.. and that is good for me.
The numbers for this company is good and several DCF valuations have suggested that the current price is on average 60% under the fair price.
On the technicals, there is no reason for me to buy some shares. Price trading way under the 100-200 EMA...
This is risky please DYOR.
Gaming stock corsair has been beaten down lately. I hold this company long term because i like the products but its been a though few months.
Rsi looks oversold and shows a double bottom.
Looks to have bounce today.
Could be a nice day trade set up here for a possible 3-5% gain.
Id suggest using tight SL if entering for a day or...
crsr is approaching a important trendline, if it holds we can targets 25! but if it breaks, which is possible! then price targets would be 17.67-14.57
goodluck! like and follow for more 💘
I want to start this idea by the fact that Corsair is a great company that makes great products. They are focusing on gaming gear, which in my opinion is a hot industry right now. But for some reason, $CRSR continues to go lower and lower. As a shareholder, I'm not happy with the stock's performance over the last 6 months. So, is it time to buy? Let's dive in...
Hi All, my main 3 take-outs from this analysis are the following:
1- After IPO jump up to 50$ price started consolidating into a huge descending triangle, and the movement is still in progress
2- Price might be heading to another touch of the higher part of the descending wedge, which might occur in my opinion between February and March at arund 30$ level
3-...
Looks as the stock is about to break the downtrend and get ready for the reversal.
Supply chain disruption held many manufacturing companies from driving up revenues and profits.
Yet, this is temporary and the fact the Corsair's management retained FY outlook for revenue is encouraging factor.
