RCB1229

Short Term Inflection Point

NASDAQ:ROKU   Roku, Inc.
Decision time for RUKU to break out of a long term trend higher or to return to its bounds. The acceleration of the price after the last drop was "appropriate" IMO, however this is still a company that loses money and is in high and ever growing competition. Tough spot to make a choice, I wouldn't hate a straddle... however this strategy is expensive.

**Unicorns do not question valuations, $18.5b
**I am long
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.