NewtonsTrades

Roku Trade update and targets

Long
NewtonsTrades Updated   
NASDAQ:ROKU   Roku, Inc.
If you saw my last post and took my advice you definitely made some good profits. If anyone is in this trade, here are some of the moves that will signal more bullishness to come. The most important level for ROKU to break right now is the 61.8 fib extension level. Currently it's above that level but I want to see two closes above the level for extra conformation. If it can hold this level it should have no difficulty breaching the 500 level. Good luck
Comment:
Strong break through the 61.8 level today although it did slightly sell of with the market i think it is much more important to look at how it performed early morning which was a very strong move upwards and it was not a gap up which gives more weight to the strength of the move in my opinion. I am confident we can see 500 soon.
Comment:
480 is the next resistance zone for now.
Comment:
Price targets raised by analysts all around, absolutely great earnings, this thing is going to 500 and beyond
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