Roku, Inc.Updated Trend Trade/ Double Bottom
ROKU looks like its following a trend. Short at the resistance level if it does not breakout after careful price action analysis. If breakthrough occurs, wait for break above the middle of the double bottom with increased volume for confirmation of breakout. Note
However, trading the double bottom may be an example of trading against the trend, unless you set your entry higher.
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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.
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.