Roku, Inc.Short
ROKU Ready to Drop
ROKU has been moving within this ascending
channel recently, if it bounces off the bottom,
I would do nothing more than day trade long
positions asI am bearish on this one. The
20SMA is about ready to fall under the 50SMA,
with a hidden bearish divergence shown
with the RSI making lower lows. With IV
rising, it could be prime for puts under 407.
channel recently, if it bounces off the bottom,
I would do nothing more than day trade long
positions asI am bearish on this one. The
20SMA is about ready to fall under the 50SMA,
with a hidden bearish divergence shown
with the RSI making lower lows. With IV
rising, it could be prime for puts under 407.
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