Indicators looking good, closing above the 20 ema on the daily, plus it's been upgraded to a buy by several analysts to include Reinhardt Krause who said:
"Roku stock rallied Wednesday in the wake of its steep correction in September as an analyst upgraded the maker of streaming video devices to outperform on bullish views for international growth.
Shares in Roku (ROKU) jumped 7.3% to 115.83 on the stock market today. Macquarie Research analyst Timothy Nollen set a price target of 130 on Roku stock. He said Roku could triple its subscriber base by expanding overseas."
Seems like a perfect entry to me....so good luck out there peeps.
"Roku stock rallied Wednesday in the wake of its steep correction in September as an analyst upgraded the maker of streaming video devices to outperform on bullish views for international growth.
Shares in Roku (ROKU) jumped 7.3% to 115.83 on the stock market today. Macquarie Research analyst Timothy Nollen set a price target of 130 on Roku stock. He said Roku could triple its subscriber base by expanding overseas."
Seems like a perfect entry to me....so good luck out there peeps.