ROKU has broke below the long term uptrend and is now rejecting this level. Looking pretty bearish: 50 MA has been acting as resistance MACD bearish cross on the daily Lower highs since end of November First target is 120 Second potential target is 112 area Buy Back Area is 100 psychological region and major support Earnings report is coming on Feb 13th keep...
Technicals on the daily show a potential short coming our way. fundamentals: With the coronavirus going on, drop shipping has the potential to suffer because of all the products coming from China. I see the US potentially banning all China E packets from entering the country for a temporary time if stuff does get serious.
Perfect buy opportunity at around the 135~ area hopefully it dips down to retest