ROKU Trade on Nov 8, 2021 15:15 from JRockTrades: Tradervue User Stock Trades.

ROKU has been in a longterm downtrend since August. This has accelerated recently with earnings. I have been watching it pretty closely because I would like to swing it long once it becomes a good long. I feel like one more move downwards might finally get it to capitulate. Intraday it looks like a good short still and I was looking to short a pop today.

Probably jumped the gun on the first lot, but scaled in fully at VWAP and made the trade I wanted to. My stop was 279.15 for both lots, which would be around a $60 loss. I ended up making decent risk to reward on this trade and it could have been better with a better entry and getting off more shares at the low. I was hoping it would drop the low from the previous day and sell further into the close, but it reversed strongly and I closed the trade. I did get long after and made a little more money into the close.