$ROKU These shares continue to struggle and look tired. If they can’t get to $177 soon, I’m afraid they’re headed back toward $103 (the 40 wma). Owning these shares at this level just doesn’t make sense to me. There’s just more potential downside to this than upside.
$ROKU stock looks like it’s in trouble. It broke support in September and while the market hits new highs, these shares are struggling to get back to their previous high. Momentum is also falling off fast. With the 40 wma down near $103, these shares could see a significant pullback. Traders are starting to sour on these companies that have no profits.
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