Roku, Inc.Long
ROKU on a roll
ROKU has been such a monster the past few days. I have not traded ROKU in almost 2 months and yet its still following the trend lines I had since the last time i looked over it. For now i believe ROKU will take a breather first before continuing to grow. its far over extended from the Bollinger bands. if tomorrow it opens green this will give a great short scalp opportunity. No longer than a day because if you know how relentless ROKU is you will get wrecked holding any longer. Short term (very short term) puts but long term bull.
I strongly believe Money is flowing into tech stocks so this price action in roku is giving confirmation into this theory of mine.
I strongly believe Money is flowing into tech stocks so this price action in roku is giving confirmation into this theory of mine.
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Disclaimer
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.