0A95 trade ideas
CRSR Weekly chart. Daily chart looks quite bullish with the RSI heading up while the MACD just turned green and is ready to widen green. Turn to the weekly chart and you will see what appears to be a double bottom playing out. The MACD is in the red for now and it looks ready to turn green while the RSI seems to be heading up. Hopefully this plays out and hits that line of resistance i put around the 36 dollar mark. Remain bullish in the gaming sector and the PC im writing this on is all Corsair parts.
Possible reversal in bear trendCorsair is a great company - heavily shorted at 31% short as I write this!
If support can be had at $26 in order to retest the hard-to-break $30 line, we could see a change in trend.
High risk would be get in at $26. Otherwise, wait to retest $30 after a breakthrough. Only after you have done your own research & you "like the stock".
Please don't take trade advice from some random dude in Florida.
Good luck!
CRSR Corsair Gaming (long)08/24/2021: Broke out of descending wedge pattern established in June
08/27/2021: RSI crossed over 50 line and has remained greater than 50
09/01/2021: 9 EMA crosses above 21 EMA.
09/01/2021: Awesome oscillator crossed over zero line and has remained greater than 0.
09/31/2021 - Present: Price has been rotating around a high volume node in volume profile around $29.
Looking for a retest of the swing high from 09/31 at ~$31. If this level can break, I expect price to return to its previous rotation at $32.
Wall Street Bets Rank :2WSB tries to squeeze this one: 35-43 could be the target, however, they could push this even higher..!(limited trading volume )
Market Cap: 2.66 B
Shares Outstanding: 93.8 M
Average Trading Volume (10 days): 1.83 M
Shares Short: 8.7 M
Short Interest(%): 9.47
Days to cover: +4
Change in Short Interest: +20%
Ownership Breakdown:
Institutions: 13.2
General Public:25.5
Hedge Funds: 57.8
Individual insiders: 3.5
Sum: 100%
Option profile:
Total OI:
Put Call Ratio:0.39
Put OI:
Call OI:
Highest Put:25
Highest Call:30
Max Pain: 27.5
Open Int (30-Day): 195K
Short term Corsair ideaOne 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 technical look into a stock. If you have advise or diferent thoughts please share in the comments.
$CRSR Ready To Break DowntrendCorsair has been trading in a Descending Channel since its peak in June and is finally looking like it is ready to break it to the upside to retest the trading range it has fallen from. We can determine this by the strong wick we at $26 along with squeezing at the top of the channel.
A successful break of this downtrend will send the price to roughly $30. If CRSR continues to show strength and breaks through $30, the next target will be $35.
Thank you for checking out the analysis it is very appreciated, leave any questions or comments down below;
$CRSR - 28.5 important level to breakAfter overreaction and panic sales and FUD driven by minor miss on earnings, the price almost closed the gap.
Important resistance to break is 28.5.
Then next key resistance level would be 31.5.
Analysts average rating is 40 with the lowest being at 31.
I'm with small LEAPS position @ 25, 01/23 in this name.
CRSR up move??howdy, :))
CRSR has got earnings in just 5 days. looks like its been consolidating since march! its been over sold by what my indicators are telling me. i feel like we will see some solid gains. we know the gaming sector is hot and we know its not going anywhere. i bought shares today for the long run so lets see what happens. they usually make money so i like companys that make money