It is looking like we are into a wave of nasty correction in the market with a number of stocks now looking bearish in the short term. Tread carefully!
ROKU formed a Head & Shoulders and have broken below the neckline @ 379 today. Should there be a rally in the near term. we have to see if 379 has now become the resistence. Intermediate supports @ 340, 315 and finally 275 (Head and Shoulders target)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
ROKU formed a Head & Shoulders and have broken below the neckline @ 379 today. Should there be a rally in the near term. we have to see if 379 has now become the resistence. Intermediate supports @ 340, 315 and finally 275 (Head and Shoulders target)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Note
Closed Roku short as it is forming a bullish pin bar and market capitulation could be occurring after today's violent dip.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.