Corsair on the comeback? $crsrJust wanted to share what im seeing on the chart. Downtrend broken, resistance broken through now lets see if this becomes a new support area.
Will post updated visuals next week
All ideas are paper trades. GL
CRSR
Broadening wedge, LONG or SHORTsIf the pattern continues to play out I will add at confirmation of support after rebound of top of pattern.
But when I keep looking at the volume traded in June compared to the rest of the history, it's just one of the many events that plays on the mind.
CRSR pre earnings chart - $24.04??Quick chart if you're looking for an earnings gamble.
I do think it's worth a shot.
next stop $24??
I think the orange trend line is going to be a key area for either a rejection or new support for the next move upwards.
CRSR LONGContinuing to DCA on the macro into CRSR ahead of 2022 which I hope will be CRSRs year.
Strong conviction in the company (still) and the price has been beaten down and showing signs of bottoming out around these levels.
Green cross on weekly MACD, bullish cross on RSI, Money flow bottom out (on weekly).
** NOT FINANCIAL OR TRADING ADVICE **
Undervalued Stock Series #1 : CRSRThe share price for this company have been absolutely beaten down since February 2021.. and that is good for me.
The numbers for this company is good and several DCF valuations have suggested that the current price is on average 60% under the fair price.
On the technicals, there is no reason for me to buy some shares. Price trading way under the 100-200 EMA cloud and price structures doesn't suggest the bulls have taken over yet.
We wait. First sign I am looking for is the highs of the price structure is broken and moving way up towards the EMA cloud.
CRSR LONG DCA Looking a great level for CRSR (again) - green rsi/market cipher/red money flow + positive divergences.
** NOT TRADING OR FINANCIAL ADVICE **
CRSR - Price moving within a descending wedgeHi All, my main 3 take-outs from this analysis are the following:
1- After IPO jump up to 50$ 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- Price is rebuncing from a second touch of an uptrend line that started with the IPO prices. Next closest target 27-28$ and from there we'll be possibly attacking the 30$ level at beginning of 2022
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
CRSR breakout started?Been DCA into CRSR during this recent sell-off, great fundamentals going forward.
** NOT TRADING ADVICE **
Wall Street Bets Rank :2WSB tries to squeeze this one: 35-43 could be the target, however, they could push this even higher..!(limited trading volume )
Market Cap: 2.66 B
Shares Outstanding: 93.8 M
Average Trading Volume (10 days): 1.83 M
Shares Short: 8.7 M
Short Interest(%): 9.47
Days to cover: +4
Change in Short Interest: +20%
Ownership Breakdown:
Institutions: 13.2
General Public:25.5
Hedge Funds: 57.8
Individual insiders: 3.5
Sum: 100%
Option profile:
Total OI:
Put Call Ratio:0.39
Put OI:
Call OI:
Highest Put:25
Highest Call:30
Max Pain: 27.5
Open Int (30-Day): 195K
Seeing Confluence on CorsairLooks like a bullish divergence on the 4hr and a break of the corrective downside structure. Looking for longs at around $26. Great play on 30+dte calls. Godspeed.
$CRSR Ready To Break DowntrendCorsair 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.
Thank you for checking out the analysis it is very appreciated, leave any questions or comments down below;
CRSR up move??howdy, :))
CRSR has got earnings in just 5 days. looks like its been consolidating since march! its been over sold by what my indicators are telling me. i feel like we will see some solid gains. we know the gaming sector is hot and we know its not going anywhere. i bought shares today for the long run so lets see what happens. they usually make money so i like companys that make money
CORSAIR #CRSR Long term bullishCorsair fundamentals are amazing, stretch stop loss even a little more so manage well your position size, even tho Corsair is really undervalued right now, we are currently living a lot of fear in the market so expect big volatility.
GME, ATVI, CRSR: Will we get weakness in gamingVideo game stocks are all pushing toward new lows, not taking part in recent strength in the markets. Will we witness more of a correction in the already beaten up video game stocks?
Finally time to buy the dip ! CRSR LongCorsair is stabilizing at its key support level. The RSI is has entered very oversold territory this means that its our time to buy an incredible long-term company fundamentally at a discount !! I am long-term very bullish on Corsair and the entire Gaming Industry. This is a no-brainer trade with a pt target high in the skys !!
CRSR - GREAT Short Opportunity, IF ... !!Hello! Friends,
- This would be a great short Opportunity, IF NASDAQ:CRSR breaks down the Daily Support line at $30.70 (with a WHOLE DAILY Candle) !!
CRSR LONGLooking for long-term entry on CRSR as per the chart analysis.
** Not trading advice **
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False break down or another 10% correction? Dear Traders,
I hope this is a false break down of our beautiful upward channel but if it's not, it's likely that we go further down to our support level at 36.20. Otherwise, we should see a trend reversal following previous price movements and hit 50 in about a month.
Of course, market does whatever it likes to do and these prediction might not mean anything but should give us a clue while we keep an eye out for CRSR price action. Also this is not a financial advice and I'm not a financial expert.
If you enjoy this analysis please give me a thumbs up and leave a comment. This will motivate me to keep going!
Thank you
AH
The downtrend leaves room for the riseThe actual downtrend are getting weaker, soon the rise will start, i expected in 2-3 days at least.
Market Watch for Week of 8 March 2021 Pt.2Just finishing up my watchlist for the week, had a lot this week so I wasn't really able to get to much into my reasonings for the potential entries.
Pt. 1 is also posted.
Again, since due to the amount of additions to my watchlist this week I ran out of time for the video.
If you have any questions at all about my thoughts on any of the tickers in the video feel free to reach out to me and ask.
Good luck this week
