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RCB1229

Short Term Inflection Point

Roku, Inc. (NASDAQ:ROKU)  
RCB1229  
NASDAQ:ROKU   Roku, Inc.
Pivot Points Candlestick Analysis Economic Cycles shortterm unicorn inflection
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pivotpoints candlestick economiccycle shortterm unicorn inflection
Decision time for RUKU to break out of a long term trend higher or to return to its bounds. The acceleration of the price after the last drop was "appropriate" IMO, however this is still a company that loses money and is in high and ever growing competition. Tough spot to make a choice, I wouldn't hate a straddle... however this strategy is expensive.

**Unicorns do not question valuations, $18.5b
**I am long
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