Bounced hard twice off off the trendline support but got rejected hard by weekly supply... had another short term bounce but couldn't hold over 315 for long
I think we see ROKU finally break this trendline within the next week or two.
I will be looking for a confirmed break of 283 support to start my short positions.
I have a monthly PT of 239.15 which is daily demand (I expect a big bounce in this zone)
I would consider taking 5/30 270p or 6/18 250p just to give the play time if it breaks the support levels!
Happy trading!
I think we see ROKU finally break this trendline within the next week or two.
I will be looking for a confirmed break of 283 support to start my short positions.
I have a monthly PT of 239.15 which is daily demand (I expect a big bounce in this zone)
I would consider taking 5/30 270p or 6/18 250p just to give the play time if it breaks the support levels!
Happy trading!
