CRSR trade ideas
CRSR longCRSR has a great long-term potential in the gaming industry, which probably would get even bigger in the following years. It sits at a very good risk/reward for long-term play, especially after the recent pullback.
Couple of points to consider for swing trade:
1- It is sitting at VPOC on the 4h chart.
2- Following its uptrend in pitchfork
3- Has strong supports around 36, 35, and 32.
4- short-term target 48.
Trade safe!
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: accumulation on its strong support lineCRSR’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.
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 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)
CRSR: its technical picture is still 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.
CRSR uptrend post earnings trend possibilitiesHigh Trend (Top Red)
- Time frame targets are based on the back tested progression decay from previous High-to Low-to High moves.
- The high trend line price targets are based on a progression of Fib Extensions back tested by previous moves.
Mid level (Yellow)
- Time frame targets are based on the crossing of progressive Fib Extensions and the uptrend resistance line
- Price targets are also based off of standard Fib Extensions of previous trend.
Caution Lines (Orange Lines)
- Projections of possible lower resistance than expected by High Trend line
- Prices are based on 1.272 fib extension levels
Dip Buy Zone (Green)
-Buy zones are supported by the bask tested ascending support line of the current up trend.
Gap Down (Dotted Red)
- The area between the two dotted lines indicate a possible gap down into down trend
**If there is a trend cross down it can be assumed that the lower support will be tested once the mid-level is confirmed as a resistance
**If there is a trend cross up it can be assumed that the upper resistance will be tested once mid-level trend line is confirmed as support
50% or more upsideBroke out of triangle at 3 Feb and forming an ascending triangle now. It has dipped despite of good earnings result which is likely due to people selling after the news. Regardless of the technical I think this is an undervalued stock.
I believe this will recover and break towards the upside and is at a good entry price currently.