Just thought I'd share my analysis on Roku, leave a like if this helps, thanks!
At the moment, price action has broken previous resistance and is currently retesting structure.
On a successful bounce, ROKU should continue on a upward trajectory towards the 152 price point.
- Keep in mind the MACD is currently beginning a bullish cycle on the 4H. So that...
Price target 92$
DD
Very Bullish given the current market environment. I expect an earnings beat, increased users, and positive guidance. The headwinds I see are Ad revenue, debt rating, and debt servicing.
"On March 30, Tinder received the highest number of swipes ever recorded worldwide at 3 billion."
- www.corvallisadvocate.com
DR. FAUCI SAYS YOU CAN...
Great company, positioned well to thrive and offer work to freelancers during the corona-virus quarantine. If volume continues to build and the pattern is not broken, expect this stock to break out. Nibble before you bite!
TA interpretation + personal research = not investment advice
Trade at own risk & best of luck
I wish I had an international account. Unfortunately I cannot find a U.S. ticker that will be able to take advantage of this high spike in INDIA VIX.
It looks like India was late to the party and its VIX is just spiking now. I foresee INDIA VIX and its futures to behave much like the VSTOXXX and VIX. Should go down to 40-60 range.
