ROKU stock is showing signs of a potential rebound from the key support zone around 68-70, with early momentum improvement despite technical indicators still being in negative territory.
A break and hold above the 73.73 resistance could confirm a short-to-medium term bullish move toward the major resistance at 96.
Trade Setup:
• Entry Zone: Between 70 and 74
• First Target: 85
• Second Target: 96
• Stop Loss: Below 68 on a confirmed breakdown
Technical Analysis Highlights:
• Rebounding from the lower Bollinger Band
• Key resistance at 73.73
• Early bullish crossover signs on MACD
• Potential continuation toward 96 if 73.73 is cleared and held
Recommendation:
Consider buying in the 70-74 range with targets at 85 and 96, maintaining proper risk management by setting a stop loss below 68.
A break and hold above the 73.73 resistance could confirm a short-to-medium term bullish move toward the major resistance at 96.
Trade Setup:
• Entry Zone: Between 70 and 74
• First Target: 85
• Second Target: 96
• Stop Loss: Below 68 on a confirmed breakdown
Technical Analysis Highlights:
• Rebounding from the lower Bollinger Band
• Key resistance at 73.73
• Early bullish crossover signs on MACD
• Potential continuation toward 96 if 73.73 is cleared and held
Recommendation:
Consider buying in the 70-74 range with targets at 85 and 96, maintaining proper risk management by setting a stop loss below 68.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.