Ever since the 12 months double top from Nov20 - Nov21 resulted in the plunged of stock price from the high of about 480 to 90, stock price of
ROKU
has been on side way for awhile
Where will it go from here.
My own guess is mean reversion sometime to come
The ~55 is a pretty fragile line, if price continue to drop below 55, the more plunge or consolidation will be expected.
Otherwise, the next upside target within next 24 months is likely to be around 172
Beware of huge fluctuation in between
Just my own humble opinion and not soliciting any trades
ROKU
has been on side way for awhile Where will it go from here.
My own guess is mean reversion sometime to come
The ~55 is a pretty fragile line, if price continue to drop below 55, the more plunge or consolidation will be expected.
Otherwise, the next upside target within next 24 months is likely to be around 172
Beware of huge fluctuation in between
Just my own humble opinion and not soliciting any trades