$ROKU Breakout Targets
Shorts once again got caught on the wrong side of the trade on Monday
as the company announced the contract with Comcast.
Still over 7% in short interest can add more fuel as momentum and possible
upgrades in the days to come entice new investors.
It is never plain sailing in this stock so you have to be prepared for considerable pullback.
Targets to consider for continuation.
$200 - Key psychological target| resistance
$208- Fibonacci levels in confluence
$249 - Longer term breakout to Fibonacci resistance