Just got some very bearish signals for ROKU. Unfortunately, the gap down today has killed the bull cash for this stock. The only saving grace is that it gapped down onto trend-line support. I'm not sure how I feel about Roku anymore.
Note
well, looks like I was wrong.
Triangle did not break, rather it bounced. So that means there is mutual respect for this triangle on both sides of the camp.
The are now testing the top of this triangle. People tend to hang around areas that interest them. It is the same with price.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.