CRSR
Crsr Falling Wedge Pattern!! Let’s get this boys, easy gains to be made, target of 44$ soon
In 4 a few hundred shares
Not trading advice 😉
$CRSR Swing if EMA holdsLooking at the tight range CRSR has found itself in, leads me to believe a nest of consolidation waves are in place. It might not break out of this range until we get a decent catalyst, just keep in mind the tight triangle formation in place and how this week we bounced off of the IPO anchored VWAP.
$CRSR Long if channel is not broken.$CRSR has strong fundamentals, also nice TA setup to make a reverse movement somewhere next week and head to the top of the channel.
1st PT: $44-45
2nd PT: $48-49
My drawings are not perfect, you can adjust accordingly, but the overall pattern is clear as of right now.
Do your own DD, not a financial advice.
CRSR ChannelCRSR, a recent IPO showing relative strength in the gaming field, looks undervalued. It's been trading within this channel the past few months, since early December. It's currently bouncing off the bottom, and looks strong in this overall red market - we should see a continuation back to the 48-50 level. RSI bouncing off of support level, MACD turning green, and strong move off of the 50EMA, trying to break 20EMA. Recent reports have shown that Corsair is in a strong position to outperform other tech accessory competitors and that demand for PC components has been on a steady rise. I like this trade back to the highs, a retracement back to the bottom of the channel, and then a long-term swing from there.
Good luck traders!
CRSR - ready your corsair mouse to click buyWaiting for the MACD divergence on CRSR to finalize then will enter Calls. Nice channel up, above 200EMA and Signal line below 0 ready to cross, pin bars forming and if you through the bollonger bands on also pinning off the lower band as additional confluence... Confirmation in TRND bot buy signal sent to my phone will enter.
If you like the idea be sure to give me a follow :)
$CRSR possible opening of 3 leg of Elliott wavePlease see the channel up formation after completion of the 1st leg of Elliot wave,
Possible move in a huge 3d leg.
The company is clearly undervalued: P/S - 2.08
MC - 4 bil $
Rev - 2 bil $
Q EPS Growth - 70%
Peers MC - 15-20 bil$
CRSR bull flagging for next leg up?Accumulation has been occurring since November and CRSR has created a nice bull flag pattern. A strong volume shelf has been built up between $36-$40. The close today was right above the volume profile POC. Hoping to see upside momentum next week, with increasing volume. Will look for a break through of the bull flag and then possible re-test of the ATH at ~$51.50.
$CRSR looking for a long entry - Price targetLooking to enter $CRSR on the break of the pennant to the upside to go long.
However, pennants can be bullish/bearish based on how the price moves out of the pennant. The same logic can be applied to go short if the price moves down out of the pennant.
CRSR update**The current trade idea is not financial advice.
I am still bullish on this stock.
The Blue dotted line is the fast projection to trend continuation towards price targets.
The Green dotted line is the slower projection.
I will play my trades according to my opinions of the current price action at these levels.
(Original trade idea is included in link)
DKNG - Double top or breakout?Happy Sunday! I am looking for gambling sector to break out here after the Super bowl and PENN earnings last thursday. The options flow is very bullish with February put call ratio at .34, March P/C ratio at .32. The highest OI is in the Feb $65 calls and March $70 calls. Feb 4th, DKNG agreement with the National Football League (NFL) to expand their current daily fantasy sports (DFS) and content partnership to Canada.
CRSR looking good to retest 47/48 again holding above 40-42CRSR looking good to retest 47/48 again holding above 40-42
CRSR earnings playCrsr just won a court case for Copyright infringement
Earnings previous quarter were outstanding
Christmas sales should be even larger
Chart showing consolidation
Expect a breakout with my target for 62$+
Disclosure I have shares and contracts purchased at 40$ Per share
Not investment advice
CRSR is going to 50 AGAIN!Earlier this week I posted this same play, and we touched 48 or so where I sold all my calls. I have loaded up calls and shares for another move to 50 before earnings on February 9!
$CRSR Daily. Trading in the channel.Corsair looks more than ready to aim for all time highs. Massive volume today, which managed to break out of the channel and tight range it was trading in. Accumulation has taken a few weeks, and a nearing MACD crossover could mean we'll test another swing this week.
CRSR to $50CRSR earnings is right around the corner on February 9th. You can expect some bullish momentum going into earnings. I am expecting a pennant breakout and most likely we should enter 45-50 range.
CRSR previous earnings was a massive beat, this quarter the estimates are low and should be another HUGE BEAT!
