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 continues to show strength and breaks through $30, the next target will be $35.
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