We Still Rok U

I bought the gap fill a few weeks ago, exercised a minimal amount of patience and sooner rather than later, over valued TeeVee company ROKU appears to be getting with the program (get it?). Support and resistance are well defined.

Probably the only way I’d try for the upper gap is if I become a US stock market bubble head as instigated by some sort of obnoxious Goldlilocks environment propelled by the vaunted US consumer and all his strong dollars. I really hope that does not happen. I just felt this got knocked down too far, too fast by all those Wall Street suits suddenly falling all over themselves to downgrade (after chasing each other in a pump-a-thon to nose bleed levels) on the news of Apple and others eating into Roku’s market. It’s yet another good company, bad Wall Street analysts story.

roku

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Gary

NFTRH.com