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Dharana
Oct 1, 2019 4:45 PM

$ROKU Long - Momentum Trade Long

Roku, Inc.NASDAQ

Description

For the public record -- I've taken a LONG position in ROKU at $104.00 minutes ago.

My trade is technical, and I've taken the trade given I perceive a positive momentum breakout to be on the horizon for the stock.

My opinions and trade actions are not recommendations to anyone to buy or sell any financial instrument. I'm simply posting the executions of my trades for the record.

Trade closed manually

Given the twist that happened to ROKU overnight, and the failure of the momentum blast off that I was expecting, I've taken profit .30 cents above where I bought in. I'm going to step aside and re-evaluate going long again. Good luck!
Comments
SteelyRivers
Nice catch on the break over 103.65. Could squeeze a long way. TIVO announcement shows it won't compete, given 15/MO sub price and hundreds of $$ for hardware.
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