$ROKU Three things which could make me be bearish on Roku: 1. Netlfix offers AVOD version of its content. (Netflix has not shown interest in going this route.) 2. SVOD becomes consolidated through buyouts and mergers, creating conglomerate SVODs which have a lot more leverage against the platforms (Roku, FireTV etc.) 3. Roku has more failures than successes gaining market share in countries outside North America.
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@hdonohoe Same chart technicals for WKHS…look where the money volume velocity is… This stock has no business under $10.00 unless it goes bankrupt. Going back to $17 soon..regardless of a market correction.
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