Roku, Inc.
Long
Aggiornato

ROKU on watch

396
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.
Nota
Breaking high. Expect resistance at 500.
Nota
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.
Nota
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.
Nota
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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