CRSR - Corsair / $33.75 Entry / $50 Price Target

4 Ara 2020

0. Notes to follow;

4 Ara 2020

Not

1. Stock went way above the channel.

2. Stock broke out from $30 on November 17th;

3. Peaked at $51.25 and retraced to the top of the Breakout Channel;

4. Stock currently in distribution / accumulation and consolidation;

5. Stock should make a scalloped return to original highs with resistance along the way.

4 Ara 2020

Not

Resistance on the way up:

- $37.50
- $40
- $41.11
- $44
- $47.50

4 Ara 2020

Not

Buying opportunities if it hits the bottom of the channel, or the scalloped consolidation on the way back up.