Looking at the daily chart, there are few bullish signals for $ROKU:
1. It broke above the current down-trending channel;
2. It broke previous resistance level at around $135-136. Will need to wait for a confirmation/consolidation and level of new support. !!!! carful next big resistance is only few dollar away around 152-153!!!
3. Ascending triangle formation with higher lows.
Will monitor the stock in the next few days and weeks.
1. It broke above the current down-trending channel;
2. It broke previous resistance level at around $135-136. Will need to wait for a confirmation/consolidation and level of new support. !!!! carful next big resistance is only few dollar away around 152-153!!!
3. Ascending triangle formation with higher lows.
Will monitor the stock in the next few days and weeks.
Trade active:
After breaking 135 and trading sideways for almost two months between 140-160, it finally broke 168 and is trading higher at all time high!
Yet, I think this is more room for growth!
I also noticed a lots of (call) options activity as of late around this prices, which suggest (but is not guaranteed) that people are still bullish on this!
I missed previous run up because I was busy with other trades! Hopefully will not miss the next!
Will keep monitoring!
Yet, I think this is more room for growth!
I also noticed a lots of (call) options activity as of late around this prices, which suggest (but is not guaranteed) that people are still bullish on this!
I missed previous run up because I was busy with other trades! Hopefully will not miss the next!
Will keep monitoring!