Just got some very bearish signals for ROKU. Unfortunately, the gap down today has killed the bull cash for this stock. The only saving grace is that it gapped down onto trend-line support. I'm not sure how I feel about Roku anymore.
Spoofing or someone just dumped a whole load of shares on RR.
In any case that must have taken most of long positions out for retail traders since stop losses must have been triggered on this one,
With no buyers left price heads south, still bullish on this one and still on the trade as we broke out of this descending wedge that we have been in for a while,
Hey guuys, after yesterday candle broke our support we're in a different cenario, we should wait for the correction to take a new bearish impulse to the down side around our BLUE resistence zone.
And on the green retangle we have a nice support area to take advantage for a short bullish that could give us some profit!
I'm gonna update this entry til we get a...