finance.yahoo.com At current run rate company is pulling in 500m in revenue growing at 50%. Prob trades at 5x P/S, a price of $25 per share today given that this is hugely hyped up. So much hype already though, best risk reward is on a dip buy.
Short sell idea . Based on a candle pattern from Jerremy Newsome:) Jerremy.... What was this called?
ROKU: 10/4/17. WATCH FOR A PUSH LOWER @20.62. LONG BIAS. IF SO, THEN T1 @21.35, T2 @21.61, T3 @22.09.
ROKU will behave very much like SNAP and continue lower. If you only have a few products and one-and-all basically do the same thing, the growth of this company is very limited. The true value of this product is anywhere between $6-8. I will be buying put Options on this bad boy! This double top, and lower high is a great signal to fall lower and weakening in price.
It's tested support multiple times within the past two days. Closing right at support just spells trouble. I see this hitting teens by Friday.