Replies to post #1726 on Roku Inc (ROKU)

[Bona Vista]

THERE COULD BE A DEAD CAT BOUNCE IN THE NEXT DAY OR TWO, BUT, ROKU IS DEFINITELY PULLING BACK INTO THE LOW $120 AREA.

I STILL BELIEVE THE BOTTOM SHOULD BE AROUND $95-$100, THE SP WAS TOO OVER EXTENDED AND NEEDS TO RETURN TO LOWER PRICES BEFORE IT MOVES HIGHER.

[S2focus]

The daily chart isn’t anywhere close to being oversold. It’s got at least another 20pt drop in the tank.