Corsair Gaming NASDAQ:CRSR is a leading global provider and innovator of high-performance gear for gamers and content creators and in my view it is currently undervalued.
Their products are extremely popular in Southeast Asia and are the favourite choice for CPU liquid cooling, quality cases, memory and recently even quality fans, that can be customised with...
Corsair has now been in a range for roughly 132 days and is inching closer to a new leg up or down in my opinion. You can see here it has fallen right to a critical level and we see a nice bullish wick at the moment.
As long as CRSR finds ground here, we can see a pullback to that upper resistance identified on the graph. With a slight possibility of a breakout...
the yellow box is the long term buying zone reaching the bottom would be $29 ish to 31 being the top of the buying zone. The red lines show a large resistance to support zone. Buying now to 29 is easy money in a month or so.
CRSR has been one that has been disappointing, but at the same time excited about the future of this company. This PC i am currently on writing this is mostly all Corsair products and have not had any issues with any of there products. Planning on building a 2nd PC and will definitely buy Corsair products again. Looking at the daily chart on this it has not done...
CRSR is currently trading at $32.52. Stochastic RSI hit oversold, strong support level at $30.94
I thought it would bounce to the $39 - $40 (around 22% gain).
This is quick money, it would bounce soon IMO.
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me...
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB...
We are currently at support and since march we didn't make new lows. The first ressistance is around 33.20$~ and needs to break and close above for achiechving it as support.
Limit buy: between 31.64-31.47 $
My first take profit: 35.49$ (12%+) and second take profit: 38.82$(23%+).
What do you think about corsair gaming?
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB...
I wouldn't normally expect this prz to be lower than previous averages in price but the other possibilities didn't seem to make sense; therefore, I expect price to reach down below where it started before the run up. Goode luck and trade safely!
Have not picked up any shares or option contracts, but it's honestly looking like this one might be a good double up for the year. Corsair fundamentals are pretty good, and it has been going sideways for a long time, explosion is bound to happen.
DESCRIPTION:
Corsair Gaming, Inc. designs, markets and distributes gaming and streaming peripherals, components and systems principally in the United States and internationally. Corsair Gaming, Inc. is based in Fremont, California.
TECHNICALS :
price breakout resistance - 35.80
next target resistance - 50.00 / 55.50
support - 28.50
CRSR is shariah compliant ( ZOYA )
Corsair main competitor: Razer
Razer Revenue: 4 times bigger
Razer Gross profit: 5 times bigger
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Razer EBITDA: 209mi
Corsair EBITDA: 203mi
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Razer Market Cap = 20bi
Corsair market Cap = 3bi
I see some discrepancy when I look at the market cap of corsair, it should be at least...
-Major industry tailwinds seem to be helping Corsair achieve strong growth rates. In the first quarter, its overall revenue grew 72% year over year to $529 million. The company also continues to see improved profitability, as gross margin jumped from 25.5% a year ago to 30.3%.
-The company supplies equipment for both the console and PC gaming markets, which...
