ROKU is a video streaming platform which is poised for strong growth, driven by its expanding user base, innovative offerings and strategic partnerships. Analysts label it as a comepelling long-term investment opportunity. However, ROKU isn’t trading at a reasonable entry price, in terms of technicals, so I would suggest the following:
- Wait for the price to drop to the previous higher low of $66.3 to enter this trade
- Put a stop-loss at $63.1
- Target a share price of $96.3
- Wait for the price to drop to the previous higher low of $66.3 to enter this trade
- Put a stop-loss at $63.1
- Target a share price of $96.3
Trade active
ROKU reached our entry. Setup is activeTrade closed: stop reached
stopped
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.