Bullishcharts

$ROKU Alert set for Pennant Breakout

Long
NASDAQ:ROKU   Roku, Inc.

Stock is in consolidation and building a bullish pennant, volume is very low so sellers have no real
commitment. Major trendline (blue) has held for 7 sessions, which is significant.
RSI has worked off overbought conditions and has
a possible Cup & Handle formation.
A break above $158 could entice some major action, setting up a rally to $168 - $178
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.