ROG has potential here to be a nice winner. The volume present just recently was the strongest volume over the last year of trading. This makes me consider it could be ending volume. However, with it being so close to the new year there is always a large amount of incoming capital during this time so the breakout volume could be aligned with that.
ROG Broken down from key support area, re-tested it & seems falling down now. It also had massive insider selling. We think it will decline around 50.
Break of 54.73 will be a good entry point & On the option side we are looking for Dec 55 put at $3
You can check our detailed analysis on ROG in the trading room/ Executive summery link here-