Roku, Inc.
已更新

Stock action up or down - we'll know soon

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I'm LONG ROKU at this level, even though there's a chance (maybe even a high one) that the stock could drop down to the $140 level, I know, beyond a doubt that it will bounce back up. If the stock doesn't drop from this level of support, then I expect a big move north, to $155-157, and possibly higher.

Swing traders in LONG should hold as it's not a loss until you go flat. Short positions, be cautious because your ultimate payout levels are low 140 and in the best-case scenario, you could get down to $130 (however, this would be very suprising if that was the case).
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Pre-market hitting my ascending trendline @148.48. We'll see what happens but with the recent SP target raise by Berenberg, I suspect we get a green day for $ROKU.
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ROKU intraday trade from $147.50 to $152.00 successful. We're closing up in the middle of the range; waiting until tomorrow to see where to get short or long. Trendlines in the chart below reflect possible entry. I'll tweet my expected order asap.
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Next level of support here around $146 for ROKU from the ascending trendline. Then solid price-level support at $144 below it. GREAT PLACE TO GO LONG WITH LIMITED RISK REWARD.
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Stock is continuing the congestion area between $144-151. Play the stage until something gives - I'm not holding short positions overnight - but if it drops to 144-146, I'm buying. BUY THE DIPS, SELL THE STRENGHT!

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