ChaseMColvin

ROKU

Long
ChaseMColvin Updated   
NASDAQ:ROKU   Roku, Inc.
On the weekly chart ROKU has seemed to find a bottom after breaking below the neckline of the head and shoulders pattern, support is around $222. ROKU has formed a doji candlestick which looks to indicate a bullish reversal, the daily chart appears to show a future MACD crossover which is also another bullish indicator. A break below $222 support invalidates this bullish thesis, as it will makes it way towards support around $200.
Comment:
Called it nicely :)
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