Roku, Inc.
Long

Potential Long Opportunity on ROKU from Current Levels up to 73.

163
ROKU stock is showing signs of a potential rebound from the key support zone around 68-70, with early momentum improvement despite technical indicators still being in negative territory.
A break and hold above the 73.73 resistance could confirm a short-to-medium term bullish move toward the major resistance at 96.

Trade Setup:
• Entry Zone: Between 70 and 74
• First Target: 85
• Second Target: 96
• Stop Loss: Below 68 on a confirmed breakdown

Technical Analysis Highlights:
• Rebounding from the lower Bollinger Band
• Key resistance at 73.73
• Early bullish crossover signs on MACD
• Potential continuation toward 96 if 73.73 is cleared and held

Recommendation:
Consider buying in the 70-74 range with targets at 85 and 96, maintaining proper risk management by setting a stop loss below 68.

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