ROKU - nearing point of control resistance
Yesterdays move was bold and quite a bit more powerful than expected. Take a moment to review my chart from yesterday, this boxed in area we're currently creeping into should pose a challenge.
resistance
We have an unconfirmed trend-line to keep an eye on, I've used a dotted line to signify that this trend does not have 3 touches, so it is not confirmed.
We have our volume at price point of control at $145.84 area to watch for, you'd be surprised how frequently price reacts to the point of control (POC).
If bulls can push above these levels and push above that $149.51 level, we can find legs to the $155-159 area.
support
If we either sell off, or reject at one of the above-mentioned levels, watch $144.35, $142.05, $139.43 to hold as support.
My sentiment
I find it unlikely that we'll have another powerful day like yesterday today. So I'm watching for rejection within the gray box area.
resistance
We have an unconfirmed trend-line to keep an eye on, I've used a dotted line to signify that this trend does not have 3 touches, so it is not confirmed.
We have our volume at price point of control at $145.84 area to watch for, you'd be surprised how frequently price reacts to the point of control (POC).
If bulls can push above these levels and push above that $149.51 level, we can find legs to the $155-159 area.
support
If we either sell off, or reject at one of the above-mentioned levels, watch $144.35, $142.05, $139.43 to hold as support.
My sentiment
I find it unlikely that we'll have another powerful day like yesterday today. So I'm watching for rejection within the gray box area.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.