ROKU Bottom Formation: Dark Pool Buy Zone
ROKU is a good example of a high-risk sell short. The HFT gap was reversed the same day. You are looking at a Dark Pool BUY ZONE. Accumulation/Distribution confirms a shift of sentiment even as this stock turns down at a bottoming resistance level which is NORMAL and expected.
The company reports earnings for the holiday season in mid February. This makes for a common timeframe for a bottom formation's base to develop.
The company reports earnings for the holiday season in mid February. This makes for a common timeframe for a bottom formation's base to develop.
Martha Stokes, CMT
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