AI
Friday, July 24, 2020 6:56:27 PM
$ROKU Alert Set for Pennant Breakout
Stock is in consolidation and building a bullish pennant , volume is very low so sellers have no real
commitment. Major trendline (blue) has held for 7 sessions, which is significant.
RSI has worked off overbought conditions and has
a possible Cup & Handle formation.
A break above $158 could entice some major action, setting up a rally to $168 - $178
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Stock is in consolidation and building a bullish pennant , volume is very low so sellers have no real
commitment. Major trendline (blue) has held for 7 sessions, which is significant.
RSI has worked off overbought conditions and has
a possible Cup & Handle formation.
A break above $158 could entice some major action, setting up a rally to $168 - $178
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
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