ROKU had a steep decline in last two weeks because its big competitors have began to enter its field, which may squash its space very much.
However, we should not worry about its future as ROKU has its own advantages.
There is a fresh demand zone at 87-102 levels which may stop the diving.
So buy at this zone after the price hits this zone and bullish signals appear.
Entry: 87-102
SL: below 79
TP1: 144
TP2: 164 and further more
However, we should not worry about its future as ROKU has its own advantages.
There is a fresh demand zone at 87-102 levels which may stop the diving.
So buy at this zone after the price hits this zone and bullish signals appear.
Entry: 87-102
SL: below 79
TP1: 144
TP2: 164 and further more
Note
The price stopped dropping after entering the PRZ.
Trade active
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.
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.