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February 12th, 2020: ROKU Chart Update

Posted by pugsma on February 12, 2020

ROKU has a near-term price target of $167, then $140 to complete a possible bullish ascending triangle (A-B-C-D-E) wave.   The intermediate-term price target for the triangle bullish resolution above $167 is at $236.   A drop below the recent $120 low would be a failure of the bullish ascending triangle pattern.

ROKU 4-hr chart:

ROKU Technical Analysis

 
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