Roku, Inc.
Panjang

ROKU ROKU - Where Are You? 🔍 Analysis #32/50

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on WEEKLY: Left Chart
ROKU is stuck inside a range around support and round number 50.0 so we will be looking for buy setups on lower timeframes.

on DAILY: Right Chart
🏹 For the bulls to take over, we need a momentum candle close above the last major high in gray around 75.0

Meanwhile, until the buy is activated, ROKU can still trade lower till the 50 support again.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Penafian

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