***ROKU UPGRADED: Cup and Handle = Near-term pop! $120+
Please refer to previous charts to see my predictions for ROKU price targets... I was just waiting for something to form to confirm my bullish approach...
Previously, I saw Head and Shoulders, but then it kept rising... leading me to believe Double Top... but -- knowing that it is NOT overvalued, this will be shooting to new All-Time Highs very, very soon! Global growth, increasing revenue streams, the whole 9... ROKU has been doing great, minus their phone support (although still friendly)... ROKU has been one of 2019's shining stocks, and with this next bump, I'm not sure too many others can really compete for MVP this year...
Please see MACD and RSI confirmation -- plus, momentum has built up, meaning that it is ready for bump, AND the money is waiting to jump in...
I will do another re-evaluation at another point this week to confirm if this is still dominating forecast (granted, it doesn't start to happen within next 48 hours)...
Best,
OGD
Previously, I saw Head and Shoulders, but then it kept rising... leading me to believe Double Top... but -- knowing that it is NOT overvalued, this will be shooting to new All-Time Highs very, very soon! Global growth, increasing revenue streams, the whole 9... ROKU has been doing great, minus their phone support (although still friendly)... ROKU has been one of 2019's shining stocks, and with this next bump, I'm not sure too many others can really compete for MVP this year...
Please see MACD and RSI confirmation -- plus, momentum has built up, meaning that it is ready for bump, AND the money is waiting to jump in...
I will do another re-evaluation at another point this week to confirm if this is still dominating forecast (granted, it doesn't start to happen within next 48 hours)...
Best,
OGD
Comment:
Well, good morning everyone! This has been quite the morning, huh! Wasn't expecting that big of a pop, but a few big buyers this morning gave ROKU a nice bump towards my PT :)
Comment:
Just a heads up though! Just like other recent ROKU tops, it usually will soon recalibrate at previous level before establishing more stable volume at newly established highs... so, I'm seeing this falling back down to $102-104 range... then, back up, and repeat to PT @ ER