Like many growth name ROKU has sold off significantly. The NAS futures are looking weak Sunday night so this may gap down with many other tech names. If it does I'll be watching for a relief bounce out of the green zone. ROKU will completed three drives and be due for a rally.
Kommentera:
300 acted at support so did not get the deep flush. a move above Fridays high could give push into 320.
Kommentera:
Sorry I meant to write overnight high. So that would be the 306/307 level which its working on now. Fridays high would be target level.
Kommentera:
Gave us the break of 307 and a move to 314. I scalped this one. Not holding overnight. If it gets a positive catalyst I will re-enter. Still has plenty of room to run but tech is still very weak.