Roku, Inc.Short
$ROKU bullish move is over and reversal formation is in place.
I love to trade ROKU. It was an awesome instrument for me to trade so far. Doing my weekly overview of the market and just saw that ROKU just made it to my list of candidates to short. Double top, the stock is lacking momentum to go up, trend line breakdown with bearish candlestick formation right before that. I think that the bullish case for this stock is over. Long term I could see this sliding down 80% from its peak.
ROKU just made it to my list of candidates to short. Double top, the stock is lacking momentum to go up, trend line breakdown with bearish candlestick formation right before that. I think that the bullish case for this stock is over. Long term I could see this sliding down 80% from its peak. 
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