Bullish- Looking for a breakout
Updated
ROKU looking very interesting here- Double top played out as expected, however, ROKU held the longer-term uptrend quite nicely- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish
- Falling wedge (bullish) on shorter timeframes, Bollinger bands also squeezing (See Chart Below)
- Doji reversal right on the 200-day EMA
- RSI in oversold territory
- Buyer volume increasing relative to seller volume
- MACD cross looks to be imminent
PT1- $354.43
PT2- $357.50
PT3- $366.55
https://www.tradingview.com/i/sg1G7fmc/
- Falling wedge (bullish) on shorter timeframes, Bollinger bands also squeezing (See Chart Below)
- Doji reversal right on the 200-day EMA
- RSI in oversold territory
- Buyer volume increasing relative to seller volume
- MACD cross looks to be imminent
PT1- $354.43
PT2- $357.50
PT3- $366.55
https://www.tradingview.com/i/sg1G7fmc/
Note
Price Targets 1 & 2 Reached ✅Note
Price Target 3 Reached ✅
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