Roku, Inc.

Stalling Action in an up Market

61
Yesterday 08/13/19 NASDAQ was up almost 2% while closing in the top 77% price range. ROKU was up .77% but closed in the 17% price range. If ROKU was a growth stock it would have rocketed even higher at least 2% and closing near the top of the range at least the top 50%. The reason is because there would be lots of people trying to buy the stock and the fear of missing out would start to kick in. This was not the case and instead showed the exact opposite where more people are selling to take profits. This is a clear warning sign and could be sold at this point. We shall see how this stock fares in this market.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.