ROKU
has broken out of it's descending channel and appears poised for more upward movement. This move has also caused the price to break above the long term trend line, which appears to be acting as support once again. My next target for resistance would probably be near 150 and 160. However, with earnings only a few days away i would not be looking to open any new positions on this asset.
ROKU
has broken out of it's descending channel and appears poised for more upward movement. This move has also caused the price to break above the long term trend line, which appears to be acting as support once again. My next target for resistance would probably be near 150 and 160. However, with earnings only a few days away i would not be looking to open any new positions on this asset.