BBTrader29

Roku Bearish Engulfing

Short
NASDAQ:ROKU   Roku, Inc.
Roku just closed on the weekly chart forming a bearish engulfing on high volume. This is the weekly chart, but if looking at the daily it also is forming a bearish flag and has room to run down to $125 level. The $118 level would be an extra push before it runs into slight support.
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.