Roku, Inc.
Long

ROKU Analysis

441
Weekly
Inverse H&S Breakout
Bull Flag
Rejection of Demand Zone
2 rejections of 0.786 Fib 144.40 from Dec Lows
Resistance at 169.86
Strong Bullish Momentum

Daily
C&H
Bullish Piercing Pattern (Rejection of Fib/Dynamic Support and Demand Zone)
Volume Exhaustion
Possible ABC Correction
Bull Flag


4hr
Bullish Rectangle
Bullish Engulfing Outside Bar (25% pullback next candle with long wick rejection)
Consolidation since 6/13 (RSI dancing around 50)
Low Volume Exhaustion
Strong Rejections of Dynamic Support at 146.97
Looking for a break of 155 with Momentum before entering Long

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