Tims.Technische.Analyse.

Roku on the 2H Broadening Bottom

NASDAQ:ROKU   Roku, Inc.
we zoom in on the broadening bottom on the 2 hour chart.
Originally a bullish reversal formation which arises from a downward trend in which the bulls and bears become indecisive and the price swings sideways.
In 58% of the cases there is a bullish exit but always take a downward breakout into account.
I also include a possible bear flag in the downward price targets.

1W: 1D
Keep calm, trade safe and manage your risk.
(Disclaimer: this is no financial advise)

Tims.Technische.Analyse by TIMTIBBO
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