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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

8 Responses to “February 12th, 2020: ROKU Chart Update”

  1. rat8nine said

    roku has some interesting things going on for sure:

  2. kazoom1618 said

    ROKU weekly – possible EW count:

    http://schrts.co/EqUjxHHb

  3. rat8nine said

    roku 60 and 15

  4. pugsma said

    Here is the updated ROKU 4-hr chart after today’s pop to 151.20 and drop to 127.40.

    ROKU price must hold above 120.35 to keep the bullish triangle outcome valid.

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