Don't under estimate the power of an imminent
ROKU Rally as it displays a series of Higher Lows and Higher Highs.
Price action on the monthly chart indicates that this stock wants to move higher.
With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves further above 88.28, it will gather support and find each of the levels indicated above on the supply and demand Fibonacci.
Technical indicators combined with
ROKU extremely positive recent earnings suggest it's here to stay as a major player in the streaming and service access industry.
Sector rotation is on the way.
Price action on the monthly chart indicates that this stock wants to move higher.
With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves further above 88.28, it will gather support and find each of the levels indicated above on the supply and demand Fibonacci.
Technical indicators combined with
Sector rotation is on the way.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
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.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
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.