tyler.chris

Longer-Term Path to Growth for ROKU Stock

BATS:ROKU   Roku, Inc.
Wall Street has backed away from today's tag along bid in ROKU stock following a buoyant Netflix (NFLX) earnings related price spike in shares. But Roku's broadening pattern / uptrend on the weekly has signaled a candle low in shares with a neutralized and hairs breadth stochastics cross over also looking supportive. With earnings about three weeks out, and dominant industry position which makes ROKU worthy of a longer-term position, owning shares as part of a collar or one of its variations for both accumulation purposes and upside participation is a deserving position for bullish investors to consider imho.

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