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Swingchart
May 31, 2020 5:00 PM

ROKU trading level's  

Roku, Inc.NASDAQ

Description

yellow rectangle has more than 3 clusters, trade after bounce or after breakout and don't forgot stop loss

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Thinking Out Loud on ROKU

Trade active

perfect levels till now :)

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Perfect levels

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ROKU retest that downtrend resistance again, it could be a strong breakout

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Again perfect level rejection

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ROKU Breaking huge weekly trend and now become in uptrend

Trade closed: target reached

All levels achieved
Comments
sumtinwong
You think 114 is a temporary top according to your new downward short term channel? Just got calls at 109 today, was thinking about selling at 114, hoping for a breakout above that downward channel
Swingchart
@sumtinwong, according to the yellow levels + channel,
sumtinwong
@ashamry, looks like its in the demand area, am I wrong?
Swingchart
@sumtinwong, you are right but we still need to wait for the bounce confirmation because if it's break that level we could go to the another down level
Swingchart
@sumtinwong, how you are doing in between those levels
sumtinwong
@ashamry, Hey man sorry for the late reply. I was able to average down around 100 two weeks ago and got out at my 130 price target. Thank you for the charting!
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