What is the support and resistance for Roku Inc. - Class A (ROKU) stock price?
ROKU support price is $99.40 and resistance is $108.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROKU stock will trade within this expected range on the day.
OBV volume is ready to surge, rsi is indicating the buy, we are currently below the moving average which means stock is most likely to go up
We are currently at 100$ resistance at resistance levels which is a good time to buy calls. thank you for reading my idea,
this is just an idea not financial advice
ROKU support price is $99.40 and resistance is $108.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROKU stock will trade within this expected range on the day.
OBV volume is ready to surge, rsi is indicating the buy, we are currently below the moving average which means stock is most likely to go up
We are currently at 100$ resistance at resistance levels which is a good time to buy calls. thank you for reading my idea,
this is just an idea not financial advice