consolidation channel at the 61.8% fibb retracement + fndamntls
Updated
Corsair main competitor: Razer
Razer Revenue: 4 times bigger
Razer Gross profit: 5 times bigger
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Razer EBITDA: 209mi
Corsair EBITDA: 203mi
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Razer Market Cap = 20bi
Corsair market Cap = 3bi
I see some discrepancy when I look at the market cap of corsair, it should be at least 5bi, meaning the stock has a lot of room to grow.
Second point, the corsair stock is trading at a very good consolidation channel at the 61.8% fibb retracement. We should expect a breakout soon.
Razer Revenue: 4 times bigger
Razer Gross profit: 5 times bigger
------------------------------------------
Razer EBITDA: 209mi
Corsair EBITDA: 203mi
------------------------------------------
Razer Market Cap = 20bi
Corsair market Cap = 3bi
I see some discrepancy when I look at the market cap of corsair, it should be at least 5bi, meaning the stock has a lot of room to grow.
Second point, the corsair stock is trading at a very good consolidation channel at the 61.8% fibb retracement. We should expect a breakout soon.
Note
the consolidation channel Bursted. Now is the time to have an unshakable psychological and not to screw up the trading strategy.
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