Zoom Communications, Inc.Updated $ROKU reversal trade idea
Nothing crazy here but 
ROKU continues to follow that downward trendline and respects the previous supports broken. If this turns down from the current test of resistance then the short play is intact.
BUT if the trendline is broken along with resistance, then this setup is nice to take long considering that the RSI indicator appears to be bottoming a well.
ROKU continues to follow that downward trendline and respects the previous supports broken. If this turns down from the current test of resistance then the short play is intact. BUT if the trendline is broken along with resistance, then this setup is nice to take long considering that the RSI indicator appears to be bottoming a well.
Note
wrong title, this is for zoom. I was tired when i posted this please forgive me !!Note
I know i still suck for writing the wrong title but ZM is looking good!Trade active
in here and letting it rideTrade active
trimmed and letting runners ride
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“You have power over your mind – not outside events. Realize this, and you will find strength.“
-Trade Daddy
-Trade Daddy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.