Just 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
Hi All, my main 3 take-outs from this analysis are the following: 1- The price is bouncing from what seems to be a right shoulder of a reversal head & shoulder, visible in 4H timeframe but even more visible smaller timeframes 2- Next resistence to look at seems to be at around 21.7$, where there is also a nice gap to be filled. 3- If we manage to break this...
Hi All, my main 3 take-outs from this analysis are the following: 1- After IPO jump up to 50$ 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-...
One of my first technical views into a stock. You can see te volume decreasing and I think it won't test the moving average so I think it wil drop to it's next support. After the low it will skyrocket because of the stocks great fundamentels. I'm also waiting for the price to lower further to open a big position into this. Please share thoughts it's my first...
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) !!
Corsair has now been in a range for roughly 132 days and is inching closer to a new leg up or down in my opinion. You can see here it has fallen right to a critical level and we see a nice bullish wick at the moment. As long as CRSR finds ground here, we can see a pullback to that upper resistance identified on the graph. With a slight possibility of a breakout...
The actual downtrend are getting weaker, soon the rise will start, i expected in 2-3 days at least.
Elliot Wave representation, 2nd wave finished on this ABC correction. Confirmed by 0.618 retracement + complex flat correction in B wave. Stock stats: MC - 3b Revenue Growth +55% EPS Growth - 514% Growth Margin - 30% Industry average 30b. Does it sound like 10x to YOU?
Looking 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.
Please 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$
**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)
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.
Tripple bottom and heading to new all time highs 🚀
i can see this consolidating towards the 35 support level and re consolidating over the next couple weeks to make a build up. as u can soo top resistance has been getting rejected with signs of strong buying on the support. as long as earnings beat again i see this hitting a price target of 62$ exit. will enter between the resistance and support to gain a better...
This is the marked up idea for my Short trade today detailed in my video idea.
Pretty straight forward, scouting a position along this trend line. Will be watching for support and momentum from a dip buying.
While I do not think that bullish case on NASDAQ:CRSR is over I did see an opportunity for a swing trade on the lower timeframes this morning.