CRSR Ascending Triangle
CRSR appears to be trading within the same ascending triangle that it has been in for the past 60 days. A breakout will be considered when a daily candle closes above the $36 price. Afterwards, the potential exists for quick price movement back to the $45-$50 range. Anticipate positive movement on this stock, especially considering the strong Q1 ER.
Note
RED ALERT: Price has dropped out of the ascending wedge. The bottom of the wedge could become new resistance. Hold off on entry until a new pattern emerges.
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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.