Roku. I hate Roku and love to have it on my short ideas list. This chart is behaving well for bears. Breakdown, pop-up, stuff. Any pop into the 20d and quarterly pivot (~$335) I’ll be shorting. The way it behaved on Thurs/Friday I feel like a lot of people bought this on that gap up. If this opened up sub 316’s I may just look to short pops.
I would NOT like to see this go back above $340 before going lower. That might indicate a reversal in which case, I don’t want any part of this.
I would NOT like to see this go back above $340 before going lower. That might indicate a reversal in which case, I don’t want any part of this.