ROKU Long TA and Fundamentals 20% upside/4% downside
272
We are forming a local double bottom at $99-102, if price action confirms bounce from here I am long calls. Strong ad revenue model, last earnings drop was overreaction over a few words at the end of the conference call.
- Strong daily ichimoku cloud support - Cloud twist green - 2019 mini bear trend bottom support - closing in on .5 fibonacci - Nearing end of falling wedge
Downside risk can drop to $92~ and hit the golden pocket fib, but unlikely as we are also on support levels from last year fall. Will DCA if breaks below 103, Roku loves to move parabolic
Entry: 103 T1: 113 T2: 120
Buy when fools get shook, and rob the shorts from the link below.
Nota
Yesterday and today's candles combined form an indecision doji.
Trade Active 102 w/ protective put to have exposure over the weekend Will lift hedge and switch to calls after breakout
Nota
Profits taken on 25% of position, lets see if it will break the descending wedge tomorrow
Trade fechado: objetivo atingido
T1 hit took remainder profit at 113 market overall too volatile
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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.