ROKU has been stuck bouncing back and forth between this wedge here for a bit. Stock is known to make big moves and quick whether it be up'down. Above the 200 day...And more importantly still above the yellow trendline that has been strong support for a over a year:
Entry at either the yellow trendline or the upper wedge break looking good for long. A breakdown below the yellow trendline could be the beginning cracks of a quick drop down to the 200 day.
Entry at either the yellow trendline or the upper wedge break looking good for long. A breakdown below the yellow trendline could be the beginning cracks of a quick drop down to the 200 day.