They did ROK U if you over-stayed your welcome, that is.
It’s always a good time to examine your own personal psychology in this racket and after I took the profit (after a mid-Sept. buy at support) around the SMA 50 (as originally planned) my greedy side enviously watched it gap higher. Then I put my greedy side away and took the profits from a couple accounts I have for my daughters. That was after ROKU filled the early September gap down.
But while holding ROKU I had started to tell myself stories – despite the increasing competition form Apple, Disney, etc. – that it’s a solid and innovative company and furthermore “blah blah blah”. Bottom line is I sold and had to let the true believers ride this over valued stock to further riches. Ah but today? Look for the gap below 110 to fill in fairly short order.
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