Roku is an acronym for Really Obscene Kneer-term Upside. We have a beautiful confirmed breakout and if you've been following you will know that MACD divergence is the only reliable buy signal that exists. Let's see if it has legs.
Note
womp womp. Cant win them all. This one looks toast as do many tech stocks like Paypal.Note
Potential setup coming after the capitulation. Could be at this trendline or lower. On big selloffs like this it's best to wait for some consolidation and a break above the overhead trendline like on RIO
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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.