Roku, Inc.
Long

$ROKU Bullish Reversal?

78
I have taken a 1/2 size position here on $ROKU. It had a nice big earnings gap and has since pulled back. It looks to me that it is now ready to reverse higher. See notes on chart.

I have taken the fact that it broke (just barely) the Downtrend Line and put in what looks to be a reversal candle. My stop will be just below yesterday's low.

This is my idea. If you like it, please make sure it fits within your trading rules. While I consider this a low risk trade, you may not. Thanks for looking. Comments always welcome.

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