ROKU extremely disconnected from trend line

18 déc. 2020

Faded the resistance touch today. From the high, price is above the trend line by the 2nd furthest % since IPO. Look at how wide the space is between price and the trend line at the tops. Pullback usually revert to the trend line within about a month so which would run around $290-300 area by February. Watch out if this breaks down.

15 janv. 2021

Transaction en cours

Now even further away from trend line AND hitting top resistance line. Will be entering short here with a tight stop in case this breaks out.

9 mars 2021

Note

Bull trap over top resistance line followed by a drop straight to prime uptrend line. Needs to hold here or it can drop to $250-270 area next