ROKU - Big Breakout Soon

3 thg 7, 2020

What you're seeing is the minute wave count on the 1 hour chart, ROKU is getting primed to break out of a resistance area it has been stuck under for quite some time. Bare in mind, most people are piling their cash into tech stocks (mostly large cap) but in terms of tech, ROKU is a little bit nehind the curve in terms of their current stock price. It appears to be in the midst of a minor pullback, but a new high relative to this past month will be reached within the next 2 weeks.

Minor Pullback Range: 128-123