Lots of indicators are going crazy with this one, and I seen the past wedges. Many people are also extra bullish given Netflix sentiment. I think realistically, Roku is expected to be on the positive trend level and that $175 by the end of August is a really sustainable and conservative goal. It may be quite high in the green today, but I think the party is just getting started for Roku. That being said, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.