ROKU HAS A CLEAR PRICE RESISTANCE AT $140 INLINE WITH THE LONG TERM UPSIDE LIMIT TRENDLINE,
THE RELATIVE STRENGTH OSCILLATOR, HAS GIVEN AN INVERSE HEAD&SHOULDER FAILURE, FORMING A SERIES OF DESCENDING TOPS REVERSAL,
A SELL SIGNAL COULD AWAIT CONFIRMATION AGAIN AT $140. IF THE SMALL CANDLESTICK HAMMER, WITH TENKAN AND 200MA SUPPORT
GIVE A SMALL BUY INTO A POTENTIAL DOUBLE TOP REVERSAL SELL SIGNAL. ROKU STOCK PRICE CAN SELL-OFF -12% UP TO 23.5%,
THE -12% TESTING ICHIMOKU KIJUN LINE WOULD BE A MORE PLAUSIBLE SCENARIO, IF STOCK MARKETS OVERALL, WOULD GO INTO A CORRECTION
OF THE SAME RANGE
THE RELATIVE STRENGTH OSCILLATOR, HAS GIVEN AN INVERSE HEAD&SHOULDER FAILURE, FORMING A SERIES OF DESCENDING TOPS REVERSAL,
A SELL SIGNAL COULD AWAIT CONFIRMATION AGAIN AT $140. IF THE SMALL CANDLESTICK HAMMER, WITH TENKAN AND 200MA SUPPORT
GIVE A SMALL BUY INTO A POTENTIAL DOUBLE TOP REVERSAL SELL SIGNAL. ROKU STOCK PRICE CAN SELL-OFF -12% UP TO 23.5%,
THE -12% TESTING ICHIMOKU KIJUN LINE WOULD BE A MORE PLAUSIBLE SCENARIO, IF STOCK MARKETS OVERALL, WOULD GO INTO A CORRECTION
OF THE SAME RANGE
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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.
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.