Roku, Inc.Long
$ROKU The Surprise Heavy Hitter
Don't under estimate the power of an imminent ROKU Rally as it displays a series of Higher Lows and Higher Highs.
Price action on the monthly chart indicates that this stock wants to move higher.
With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves further above 88.28, it will gather support and find each of the levels indicated above on the supply and demand Fibonacci.
Technical indicators combined withROKU extremely positive recent earnings suggest it's here to stay as a major player in the streaming and service access industry.
Sector rotation is on the way.
ROKU Rally as it displays a series of Higher Lows and Higher Highs. Price action on the monthly chart indicates that this stock wants to move higher.
With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves further above 88.28, it will gather support and find each of the levels indicated above on the supply and demand Fibonacci.
Technical indicators combined with
ROKU extremely positive recent earnings suggest it's here to stay as a major player in the streaming and service access industry. Sector rotation is on the way.
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