Roku, Inc.

ROKU Cup & Handle - Is Now The Time?

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I'm expecting bullish momentum this week.

Pros:
- Potential bounce off the 200MA
- Great ER
- Bullish Divergence forming on the hourly chart

Cons:
- Potential "Double Top" pattern
- Strong Bearish Weekly and Monthly candles
- Handle is extending more than 50% of the cup. This may break your rule regarding this pattern.

A bullish bounce, if strong enough, could carry ROKU to $400 within 2 weeks. I'm swinging $400 8/27 Calls. I entered on 8/13 at 3:59pm lol

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