This content is restricted to CTU members
Today we interview community member Ogesll. He traded the 2 min chart on ROKU. He likes to use daily patterns to help determine possible day trades. We see that the stock opens up with a big wolf candle. He has his entry point determined utilizing a snap back reaction from the gap. After seeing the long lower wick, he actually removed his sell order and got greedy. He eventually gets to his build point and adds more shares lower. Ogesll tells us how he’s feeling as this trade goes on. This is a great example of human psychology. After holding a steady level of support, ROKU completely snaps lower furthering his loss. He holds into the close with an average of 66.24.