CRSR missed on earnings but beat on revenue. As a result of the earnings miss and general market conditions, it has sold off and is now looking like it may bounce back to the top of the channel (TBD). I also like how the volume has been drying up as the stock declines. This tells me sellers are just about exhausted. I have an alert set just above today's high. If that triggers with buying volume and the market is good, I'll likely open a position. Ideas, not investing / trading advice.from earningswhisper.com :
Corsair Gaming (CRSR) reported 4th Quarter December 2020 earnings of $0.52 per share on revenue of $556.3 million. The consensus earnings estimate was $0.56 per share on revenue of $531.0 million. The Earnings Whisper number was $0.61 per share.
The company said it expects 2021 revenue of $1.80 billion to $1.95 billion. The current consensus revenue estimate is $1.75 billion for the year ending December 31, 2021.
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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.