ROKU is a buy opportunity for NASDAQ:ROKU by kevindcarr

ROKU is trading at the bottom of a long term upward price channel with low volume after a strong earnings report this past month.

RSI is very oversold at around 26.4.
MACD is positioned for a reversal.
My bubble risk indicator is showing a low-risk entry point. This is basically a measure of the price distance from the 50 week EMA.

I'm selling some QQQ to add to my ROKU position.

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