Explosive Upside Potential. Breakout Pending. Long Strategy

Greetings. I'm bullish on ROKU given the patterns and technical indicators represented on the monthly, weekly, and daily. The chart above is a 10D chart, which represents two trading weeks. Once price breaks above resistance at $177.54, I expect ROKU to reach $290 by April 2021. A potential strategy for options traders is to purchase deep ITM LEAPS that expire January 2022.

Happy Trading!

Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.

註釋

Target 1 reached. May pullback to $290, before the next launch.

註釋

It appear that ROKU is heading toward Target #2. Wow.

交易結束：目標達成

Second Target Reached! Happy Trading!