Roku, Inc.
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ROKU - Double Top into Bearish Sequence

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Roku price has created what looks to be a Double Top Pattern!

Price unable to create a Higher High, then broke down below the Low (Point A) signaling a strong Bearish trend!

I suspect Price to retrace to the Fib'd Range @ 76.37 - 81.24 to then be rejected down to Sequence Target @ 58.1 - 49.2!
-This Price Action would also outline a Head & Shoulders Pattern.

As for Indicators, Price Action has moved beneath a curling 200 EMA along with my Dynamic Support & Resistance strengthening my Bearish Bias.

Fundamentally, job layoffs have been a big talk for tech companies.
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