ROKU has been trading in a range for few months now. It recently made new low around $62. I’m expecting stock to retest that low in the next 2 days-2 weeks.
It’s possible stock could drop off, but I am seeing good risk/reward buy around $58-$65 range with an expectation of counter trend move all the way to $150-$180 range. If happens, it will be very sharp move.
If price closes below $52, this move becomes obsolete and instead more downside to come.
It’s possible stock could drop off, but I am seeing good risk/reward buy around $58-$65 range with an expectation of counter trend move all the way to $150-$180 range. If happens, it will be very sharp move.
If price closes below $52, this move becomes obsolete and instead more downside to come.
Idee correlate
ROKU Short to $27
Otradehouse
about ROKU