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RCB1229
Dec 13, 2019 8:02 PM

Time to make decisions  Long

Roku, Inc.NASDAQ

Description

I still like this unicorn to be long, but... yeah I can see this pulling back significantly. Ignoring MS analyst and valuing this at 110 in one year. I like the bounce off this MS dip low point and stay within the general trend lines. If we close below the 132 area, I will have concerns until I can find support levels and do not believe the trend lines will hold. I think there will be a bounce off every support if we track this way, however they might not be sustained.

**Long the stock, stop around 132
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