ROKU is a great buy before Earnings!

19 ott 2019

ROKU is preparing to release earnings on November 6th. This is a great buy before earnings! i am not predicting what happens after earnings!

• This is a great buy before earnings! i am not predicting what happens after earnings!
• The long term charts look aggressively bullish!
  
• Current price ($129.94) has the history of being a previous support level so it has a high probability of making a u-turn and becoming bullish.
  
• Also the current price ($129.94) is at the Fibonacci Retracement (38.20%) -> which suggests that the trend is turning bullish and it could be a great entry point.
  
• The first candle on Monday morning can predict the movement for the week. If it is a bullish candle then it means that we are going to see a huge jump in price.
  
• If the first candle on Monday morning in red then we can expect the price to go down to $123 and $119.
  
• The highest price i am expecting to see before earnings is $153 (which is right at the trend line).