CRSR reaching the 3rd standard deviation of a bollinger band
Statistics say it should pop back up to above 30 in the next few trading days
Stocks taking a hit because of the Delta variant of COVID.
We forget that this company grew tremendously directly due to COVID and it’s long term growth was anticipated to be slowed by decreasing in WFH
We are also at the absolute 0 of our Fibonacci levels. This is the last level of support
Current estimates say we should be reaching the 42 dollar level in the next few months for a retest of the .618 fib level.
Earnings soon, elgato released 7 new products last week, and this is all time lows. Sounds like perfect time to buy if you ask me? But you didn’t ask me so do your own DD and then buy CRSR after anyways