ROKU looking strong going into earnings. Good chance for a breakout here. Want it to stay in and above the green box. Targets = fib extensions above.
Note
Breaking high. Expect resistance at 500.Note
Rejected at high due to tech sell off. Holding 1/4 position. Currently underwater. May cut if market closes weak. Fed meeting has market spooked again.Note
Still holding. Scary move down yesterday but holding top of green box. Names like this require a lot of room to move. Control risk with position size. Will add to position if ATH is broken again. Will stop out on break below yesterdays low.Note
Broke the previous low so stopped. Will keep on watch. Still feel it has a good chance for a breakout. The market is just very choppy this time of year.
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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.