ROKU Higher from here

8 thg 6, 2018

ROKU - Guys I know i have previously looked at ROKU Bearish, and previously, My bearish analysis was almost perfect, HOWEVER, I am looking at this Bullish now LONGTERM, 2 reasons... Netflix doesn't have ad revenue, Roku does, and I am simply looking at this as an opportunity for a potential future buy-out to increase market share. Reasons I think of Netflix in this case, is because the CEO of ROKU was previously the Vice President of Netflix. So the two companies already have a very strong relationship. This would be a longer term play also as it is bouncing off the 100SMA on the Daily