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watchjoshtrade
Aug 30, 2020 10:27 PM

ROKU iHnS Breakout Projection Long

Roku, Inc.NASDAQ

Description

ROKU finally broke through two year supply after basing over the downward trendline. The inverse head and shoulders pattern is visible and a measured move of the break of neckline suggests 210-220 as target range. Can add around 163 with demand box support and an easy stop level. If price trends below green upper trendline, then we are susceptible to remaining within the upper range of a broadening megaphone pattern.
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