Potentially entering wave 3 of an ascending Impulse.
Recent Earning Highlights:
In the first quarter of 2021, CRSR generated $529.4 million in net revenues, increasing 71.6% year-over-year. Its gamer and creator peripherals segment’s net revenue was $175.9 million, surging 131.9% year-over-year, while its gaming components and systems segment’s net revenue was...
Elliot Wave Theory - Cycle Wave
5-19-2022 price prediction, one year from today.
Currently have 400 shares, average price per share is $20.54.
Will continue accumulating shares under $25.
This price level may take two years to get to and I'm good with that.
I'm holding minimum 10 years.
Appears to be in wave 3 of an ascending impulse on the Primarily Degree. This industry is heating up big time right now. I may ride this one up to $38 on wave 3 of the Cycle Degree, which is also currently underway.
I believe NIO is headed to fill the gap at 22-23. I do not think the gap at 9 will ever get filled. I plan on taking a sizeable position if this wave proves valid. All other drawings have been removed from the chart as this is currently the only wave I am watching.
Appears to be in the middle of wave 3 on the intermediate degree. This one is a slow moving long-term play. I might look to get in for wave 5, but that is probably towards the end of next year. On the primarily degree (not on this chart), it appears to be heading towards $83. That move would be years in the making- at least 5. Mostly posting this chart as I...
People get excited, sure, but parabolic uptrends are not sustainable. It'll have another, and this one may continue for a little while longer, but let's be reasonable here. Overall, Ethereum is a beast, and I throw every dollar I can at it, no matter the price.
Posting for my own reference as I'm just learning about Elliot Waves. Appears to be in wave 4. Might actually play this one if wave 5 gets confirmation.
