Roku, Inc.
Long
Updated

ROKU on watch

268
Hoping for a pull back before a breakout as ROKU can just run away off the open or make the move pre market so if you are not in it already
it is hard to play. Look for consolidation in the box then a break. Its important to be patient and extra careful trading this one as it has a lot of intraday
range and Friday can be a tricky day to trade on.
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Whipping all over the place as usual. This box is my risk. Want to take a clean reversal out of the box. Have to be care because traders love to short this as much as trade it long so if it breaks support people will pile on and drive it down quickly.
snapshot
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This 5min harmonic will be resistance.
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Reversed of the bearish harmonic. If you are long it needs to hold this fib.
Shorts will pile in at 354.75
snapshot
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Look familiar. Consolidation leans bullish but if this goes green to red I'm out. Need broad market help.
snapshot
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Held the box and made a decent move to T1. Got as high as 266. I got impatient and closed mine at 164.50ish. Will probably make a good longer term swing but I am keeping my risk low right now.
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Ouch! Ended up going all the way to 293. Swing holders should be happy.

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