Roku is close to the bottom trendline of the rectangle which is support. If trendline broken it becomes resistance. If lower trendline is broken with a downtrend, targets could be to the downside.
Wide channel/204.63/and earnings are today after market close. Weekly low is 280 so price has pierced bottom trendline.
If I were o go long I would place my stop under 272 which is not ultra close by. If I were to go short, I would place a stop above the bottom trendline after price has broken it with a downtrend.
Since I am unsure, I will do nothing (o:
Bearish divergence a while back which has corrected by this point in time.
No recommendation
Wide channel/204.63/and earnings are today after market close. Weekly low is 280 so price has pierced bottom trendline.
If I were o go long I would place my stop under 272 which is not ultra close by. If I were to go short, I would place a stop above the bottom trendline after price has broken it with a downtrend.
Since I am unsure, I will do nothing (o:
Bearish divergence a while back which has corrected by this point in time.
No recommendation
Commentaire:
Correction/earnings 11-3/Guess I was living in the past by a day when I posted this )o: