Oh boy look at ROKU doesn't that look juicy. Disclosure I would wait for a lower price to kick in. I expect a decent reversal day in the coming trading sessions. Keep an eye out for that! Right now this is why I have a outlook on ROKU:
- Oscillators on many many timeframes are way oversold
- This is a fairly new stock in a price discovery mode
- We are about to fill a big gap from August
This is what I would not want to see. I would not want to see the price close under $100 on a 3 day timeframe otherwise I believe we're going to head back toward $75.
Upside target about $188 and that's long long term.
Trade safely out there.
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