Roku, Inc.Short
ROKU - Mixed Signals - Still Bearish IMO - Daily View
ROKU had a buy signal on the Daily yesterday, but the Weekly view shows a sell signal.
Bear flag formation on the 1HR and lower time frames.
Weekly trend shows bearish trend is next.
I think we are in a consolidation before further selloff in ROKU.
1.618 Fib extenstion matches up on Daily with end of Bear Flag.
For this reason, my stop loss didn't hit on ROKU in time...luckily because it continued down.
I think we see ROKU go to the white resistance line wedge before going back up. Could be wrong here though. ROKU giving mixed signals.
Will update with Weekly Chart as well.
ROKU analyst target shows one firm giving a downgrade with $110 target followed VERY NEXT DAY by another analyst with $200 target.
Clear manipulation by analysts as nothing is based on fundamentals here.
marketbeat.com/stocks/NASDAQ/ROKU/price-target/
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
Bear flag formation on the 1HR and lower time frames.
Weekly trend shows bearish trend is next.
I think we are in a consolidation before further selloff in ROKU.
1.618 Fib extenstion matches up on Daily with end of Bear Flag.
For this reason, my stop loss didn't hit on ROKU in time...luckily because it continued down.
I think we see ROKU go to the white resistance line wedge before going back up. Could be wrong here though. ROKU giving mixed signals.
Will update with Weekly Chart as well.
ROKU analyst target shows one firm giving a downgrade with $110 target followed VERY NEXT DAY by another analyst with $200 target.
Clear manipulation by analysts as nothing is based on fundamentals here.
marketbeat.com/stocks/NASDAQ/ROKU/price-target/
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.