I started monitoring this stock shortly after it IPO’d as it appeared frequently on the large lot pre market activity list as Dark Pools accumulated this IPO early on. Roku Inc. is in the Communications Services Sector under the Pay TV Industry. It is a new young public company challenging companies like NFLX with a new form of streaming video content for consumers. ROKU reports its earnings today after the market closes. It's stock chart shows it is now in the typical and expected IPO correction pattern. ROKU weekly chart shows it is finding support from the IPO correction that started late December of 2017.
Martha Stokes, CMT
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