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.
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All ideas are for information purposes only. I may or may not invest in the stocks discussed.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.