Primarily looking for a reversal play, the drop represents a nearly 50% pullback from the 52-week all-time high.
ROKU bounced several times from this critical 220 level.
Established a respectable buying volume profile around this level, with additional support at a $200 inflection point.
The chart is curling with a cup and handle pattern forming on 4Hr chart
Holding long term trendline support and regressional channel
Fundamentally driven trade, high-growth large-cap Adtech trading at 8.4x EV/Sales NTM.
Timeframes Used: 1 Day, 4hr, 15mins
Entry: $220-230
Exit: $255 Partial, ride rest.
Stop: under $200, near 15% stop loss
ROKU bounced several times from this critical 220 level.
Established a respectable buying volume profile around this level, with additional support at a $200 inflection point.
The chart is curling with a cup and handle pattern forming on 4Hr chart
Holding long term trendline support and regressional channel
Fundamentally driven trade, high-growth large-cap Adtech trading at 8.4x EV/Sales NTM.
Timeframes Used: 1 Day, 4hr, 15mins
Entry: $220-230
Exit: $255 Partial, ride rest.
Stop: under $200, near 15% stop loss
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.