Undervalued Stock Series #1 : CRSR
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 cloud and price structures doesn't suggest the bulls have taken over yet.
We wait. First sign I am looking for is the highs of the price structure is broken and moving way up towards the EMA cloud.
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 cloud and price structures doesn't suggest the bulls have taken over yet.
We wait. First sign I am looking for is the highs of the price structure is broken and moving way up towards the EMA cloud.
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