AlborzM

ROKU is a great buy before earnings!

Long
NASDAQ:ROKU   Roku, Inc.
  • 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.
  • The highest price i am expecting to see before earnings is $148.64 (which is right at the trend line ).
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