0A95 trade ideas
CRSR: its technical picture is very positiveThe CRSR's mid-term trend chart is presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
CSRS 🚀🚀🚀Emoji’s for the tards looking for quick gains. This is a 3 rising valley with bullish divergence on the RSI and earning on Tuesday the 9th (Daily pattern). Stop loss with targets based off previous high, pattern completion, and 1.618 Fib level. Good luck traders.
$CRSR Breakout Trade prior to ERPotential breakout trade for CRSR tomorrow.
Technicals:
Closed at a +2 month high and above the .618 fib level Thursday.
CRSR has been on a gradual up trend for over 2 months, quietly setting higher lows while using 34-50 MA as support.
Fundementals:
Corsair is a leading global provider and innovator of high-performance gear for gamers and content creators. ER is expected next Tuesday 2/9/21. CRSR beat earnings in Q3 and raised guidance for Q4.
NASDAQ is strong, up around 5% this week. Big NASDAQ players, PYPL & EBAY both beat earnings & APPL was up thanks to the Hyundai catalyst.
Opinion:
CRSR will be a $100 stock by summer and $200 stock by the end of 2021 and this maybe the beginning of that run. PC gaming is booming and CRSR has the fundamentals to support a long run into the summer. I would be surprised if the company did not receive analyst upgrades and a significant influx of institutional ownership if they match or beat earnings next Tuesday. BR, BS, JPM, GS and others own shares but have not increased their positions since the IPO in September of 2020.
CRSR looking good to retest 47/48 again holding above 40-42CRSR looking good to retest 47/48 again holding above 40-42
Breakout run into earningsSeeing a breakout of the wedge today, looking for a continuation of this move tomorrow. Corsair ER is on February 9th, due to covid keeping everyone home and the xmas boom that gaming companies experience we will most likely see a killer ER. Expecting a run into this ER, pts are the green lines.
#CRSR Long?- CRSR looking like a nice long after making a long correction of lower lows. But also making higher highs, but leaving nasty fakeouts.
- Its been holding support pretty good so far and its been bouncing of a strong trendline and fibs.
- It might have also left a scot wick to the upside possibility being filled if we start to push up but it has left a weak supply zone that we should rip right through if we return to thouse levels once again.
Overall bullish but if it breaks itrs trend of lower lows i would leave it alone as it then will become a risky trade.
CRSR earnings playCrsr just won a court case for Copyright infringement
Earnings previous quarter were outstanding
Christmas sales should be even larger
Chart showing consolidation
Expect a breakout with my target for 62$+
Disclosure I have shares and contracts purchased at 40$ Per share
Not investment advice
$CRSR holding very nicely Round 2 Still inside the channel
had a massive break out but sold off.. now onto Round 2
Bounce Off Support Trend Line - Entering into Correction Wave?Just brainstorming, first time posting.
Possible bullish bounce off support trend line or entering into an Elliott Wave correction pattern?
I'd love to hear your thoughts.
Thank you!
CRSR’s technical picture on Jan 29The mid-term trend chart is presented. ___
Prompt: New traders should take some time and carefully read the post they will find on my profile entitled 'You can't beat the market'.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
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.
