Buy ROKU or long-dated calls. Stock has oversold to support.Technically, stock price has fallen to yellow support line and RSI has been oversold. Stochastic and directional volume also indicate that buyers should come in soon. I am watching price over next few weeks to buy stock and I am adding this to my "basket" to look for swing call opportunities.
I do not do fundamental analysis, but experts in this study indicate that Roku still leads in this sector and it still added more new accounts. The company will benefit from easing supply chain issues and management is taking a short term hit for long term growth. As markets start rising again in Q2 this stock is in a good place technically to make a strong price move up.
