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Roku, Inc.
Long
Updated

LONG - based on RSI and failed breakdown on weekly

175
ROKU
Started to look good. After NFLX ER, ROKU started to have change in dynamics and price action.
Holding crucial levels, tried to come out of failed breakdowns and nice RSI is showing nice signs of being high since Nov-Dec 2021.

I am long ROKU as far as 49-50 level holds.

ROKU is still below covid lows but i think this is worth a risk reward here unless 49-50 level is lost
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iamdeepak
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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.
Chart Patterns
iamdeepak
Also on:

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.