$ROKU LONG TERM
-Downtrend occured after an Analyst downgraded ROKU, predicting a loss of 4 million subscribers in 2020.
-RSI shows the stock is undersold
-If ROKU remains between the 136-140 area, it will most likely continue to fill the gap and make its way towards 160.
Comment your opinions below, don't forget to follow!
This is long term, enter with proper risk management.
-Downtrend occured after an Analyst downgraded ROKU, predicting a loss of 4 million subscribers in 2020.
-RSI shows the stock is undersold
-If ROKU remains between the 136-140 area, it will most likely continue to fill the gap and make its way towards 160.
Comment your opinions below, don't forget to follow!
This is long term, enter with proper risk management.
Comment:
I entered at $138, with a S/L of $134. If it continues to drawdown, I will re-evaluate my options and look for another entry.