Roku's Fibonacci drop analysis

Technical analysis

• OBV keeps a steady uptrend, surprisingly... Since its price has dropped about 40%.
  
  
• Fibonacci retracement has its 61.8% line at $102.
  
  
• We are at a SMA(100) support.
  
  
• Market moving out of growth, into value.
  

Moving market news

• Pivotal research downgrades to $60 (SELL).
  
  Comcast (CMCSA) is gifting its streaming box, it was selling it before at $5.
  

Note
* Keeping a tight stop limit, there is a great risk reward ratio.