3309 Drysdale Ct
Edwardsville, IL 62025
CRSR- I dont know what the heck they do. But I bought december
puts on this
Three segments: Corsair Leading PC computer hardware RAM, Power
supplies, keyboards and mice and game controlers. Origin
high end PC builds.
EL Gato streaming hardware suites
gaming high end PS4 and Xbox controlers.
New Fool article.
My first shares are up 80+%. Staying long I think we'll
see $60s by year end and $100s into next year. Good luck
Mine is for a quick trade...it`s gotten waayyy parabolic. if i
lose,my risk is capped off thanks to options
I agree I wouldn't add any longs here. APPN is also
parabolic. They are also considered a crypto play with heavy
institutional ownership. I'm going by the IBD IPO playbook on this
Good concept and a little overdone, it's not even an electric
CRSR----makes gaming related gear & technology-- says its a
I hope some of you guys caught this... dropped 10$ in 2 days
I did not short CRSR wasn't monitoring it, however it was a good
objective short thus I'm posting a couple of charts for educational
First the daily chart was clearly in an unsustainable parabolic
move. Heck you have a VERY rare condition here with the last 6
candlesticks closing above their upper Bollinger Bands, with the
last one opening completely outside of the bands. Anyway one
trigger that Steve and I teach is that when you have an extended
move, if you have a mostly solid candlestick you can get an
objective trigger at 50% of that candle range with an initial stop
at the high or low of the candle. In this case you had a solid
candle, with a short trigger of approximately 49, and initial stop
at 51.4. The initial target is always the 9 EMA and that was hit
soundly. Steve and I prefer to trigger off a doji like
candle, however if you have a mostly solid candle then 50% of that
candle's range is a trigger.
Next on the 15 min chart you had clear MACD and RSI divergence
as well as a wedge.
Nice charts Matt. I def learnt a lot from short set ups from you
guys. Especially the parabolic setups never failed. NIO short set
up was another great winner for me after i saw your chart few weeks
ago before they reported earnings
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