ROKU looking strong going into earnings. Good chance for a breakout here. Want it to stay in and above the green box. Targets = fib extensions above.
Comment:
Breaking high. Expect resistance at 500.
Comment:
Rejected at high due to tech sell off. Holding 1/4 position. Currently underwater. May cut if market closes weak. Fed meeting has market spooked again.
Comment:
Still holding. Scary move down yesterday but holding top of green box. Names like this require a lot of room to move. Control risk with position size. Will add to position if ATH is broken again. Will stop out on break below yesterdays low.
Comment:
Broke the previous low so stopped. Will keep on watch. Still feel it has a good chance for a breakout. The market is just very choppy this time of year.