sphen

$ROKU - Upside rejection into downtrend correction/resumption

Short
sphen Updated   
NASDAQ:ROKU   Roku, Inc.
Roku has stalled out at the upper bounds of the descending trend-line, we saw a volume spike near the top followed by a relatively strong red candle, my short-term profit target is the 107.8 area. Stop above the 132 area as this would signal a likely continuation upwards.
Trade closed manually
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