ROKU Levels on Watch

Through this week's grand and long overdue sell off, I see ROKU as a strong stock over the coming weeks as long as it stays above the yellow support levels and follows the trend line. The resistance lines shown in purple are PTs for the next week, but are only active if the market turns green this Tuesday. Roku likes to bounce off of the 50 EMA and occasionally the 100 EMA, be sure to watch these levels as well. Happy Labor Day!