Here is an easy ta for roku long:
So, after corona comeback from 60 we are now trying to break the very important resistance around 130 $ mark. This resistance works as clash of bulls and bears. Please watch notes for understanding the relevance of this resistance line.
Indicators:
BB: Bands open easiy after close range movement, SMA 20 works as support, tendeny up, stock price is moving by upper band so could a lttle bit pull back, bullish signal
200 day SMA: stock is above this trendline, bullish signal
RSI: Crossing around 50-60, bullish signal
MACD: Crossing around 2-3, tendency up, bullish signal
Volume: light rising, no signal
I startet long position:
Stop buying limit: 131 $ (If close above resistance)
Stop loss: 110 $ ( Closing under trend line)
Take profit: 160 $
Good luck for your trading
Any comments are welcome :)
So, after corona comeback from 60 we are now trying to break the very important resistance around 130 $ mark. This resistance works as clash of bulls and bears. Please watch notes for understanding the relevance of this resistance line.
Indicators:
BB: Bands open easiy after close range movement, SMA 20 works as support, tendeny up, stock price is moving by upper band so could a lttle bit pull back, bullish signal
200 day SMA: stock is above this trendline, bullish signal
RSI: Crossing around 50-60, bullish signal
MACD: Crossing around 2-3, tendency up, bullish signal
Volume: light rising, no signal
I startet long position:
Stop buying limit: 131 $ (If close above resistance)
Stop loss: 110 $ ( Closing under trend line)
Take profit: 160 $
Good luck for your trading
Any comments are welcome :)
Trade active
Trade closed: target reached