$ROKU Falling Wedge Into Support

6 ביולי 2021

ROKU Falling wedge tagging the 9d ema line today - high probability of a near term bounce from here.
A close below that line this week could mean a retrace to $400 coming.

Near term price target: $480-$500 range by mid-July


If I was looking for an options play with the best return imo, I'd be looking at the 7/16 $460 calls currently going for about $5.40 or $540.


Note: This is NOT investment advice. Educational only.