$ROKU - RC -
Added 2024-02-24 10:53:04 +0000 UTC$ROKU is down -26% in 4 weeks and sunk hard after earnings, in spite of a double beat and lost the 50 Day MA and cut straight through the 200 Day MA too.
It is now down at its final support yellow line, which has been in place since the start of 2023.
Bulls need to hold this line now in order to turn this around quickly, otherwise, $ROKU could be in for some pain over the next 3 months as it will try and find support on the amber levels below.
The 2.27 Fib aligns with the low at the start of 2023, so this is a possibility.
For now, Bulls can still save this ABC count by holding the $64 level.
