With so much pessimism about the dooms day or the sky's going to fall scenario for the US equity markets, I believe ROKU is a safer bet to take on as a contrarian trader. The stock price has been falling ever since and is now finding support at a major support level. A counter trade is still looking promising and my near term target is $163. I entered with a 5% exposure only.
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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.