TheSignalyst

ROKU ROKU - Where Are You? ๐Ÿ” Analysis #32/50

Panjang
NASDAQ:ROKU   Roku, Inc.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on WEEKLY: Left Chart
ROKU is stuck inside a range around support and round number 50.0 so we will be looking for buy setups on lower timeframes.

on DAILY: Right Chart
๐Ÿน For the bulls to take over, we need a momentum candle close above the last major high in gray around 75.0

Meanwhile, until the buy is activated, ROKU can still trade lower till the 50 support again.

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
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