RickyCadan

ROKU Higher from here

Long
NASDAQ:ROKU   Roku, Inc.
ROKU - Guys I know i have previously looked at ROKU Bearish, and previously, My bearish analysis was almost perfect, HOWEVER, I am looking at this Bullish now LONGTERM, 2 reasons... Netflix doesn't have ad revenue, Roku does, and I am simply looking at this as an opportunity for a potential future buy-out to increase market share. Reasons I think of Netflix in this case, is because the CEO of ROKU was previously the Vice President of Netflix. So the two companies already have a very strong relationship. This would be a longer term play also as it is bouncing off the 100SMA on the Daily

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