CRSR has been a mover in the past. As you can see, it's been consolidating for some time now. They reported earnings yesterday 5/4, and beat. I'm looking for this to break above the previous high in this consolidation area at which time I'll be looking for a logical entry with a tight stop just below the top of the box I've drawn. Ideas, not investing / trading advice.From earningswhispers.com:
Corsair Gaming Beats
Corsair Gaming (CRSR) reported 1st Quarter March 2021 earnings of $0.56 per share on revenue of $529.4 million. The consensus earnings estimate was $0.34 per share on revenue of $449.7 million. The Earnings Whisper number was $0.38 per share.
The company said it expects 2021 revenue of $1.90 billion to $2.10 billion. The company's previous guidance was revenue of $1.80 billion to $1.95 billion and the current consensus revenue estimate is $1.90 billion for the year ending December 31, 2021.
Corsair Gaming, Inc. is a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts.
Trade active
5/5 this triggered just after posting and pulled back a bit. Triggered again so I've started a 1/2 position. I have a tight stop at yesterday's high of $34.00 my stop is $0.10 below that.Trade closed: stop reached
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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.
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.