ROKU, a descending triangle for breakout, LONG

ROKU

As seen on the daily chart, ROKU is in a brief uptrend within a descending triangle. Oscillating indicators show the MACD with

the K and D lines crossing underneath the histogram and the RSI candles big and bullish with rising strength towards crossing through

the Ichimoku cloud. I see this as price action consolidating towards a breakout with 30-40% upside in the intermediate term.

Accordingly, a decent long swing setup or a call options contract. Cathie Wood seems to agree.
Descending TriangleOscillatorsROKUtrainglebreakoutTrend AnalysisTriangleWOOD

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