Jackson Vizzo's video: Is Roku Stock A Good Buy For 2020 Roku Technical And Fundamental Analysis BACK TO 80
@Is Roku Stock A Good Buy For 2020? | Roku Technical And Fundamental Analysis! BACK TO $80?
In this upload, I will be talking about is Roku stock a good buy for 2020 and performing a Roku technical and fundamental analysis to determine if Roku is headed back to $80...
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With the market's recent downfall and quick bounce back, a lot of people are wondering whether it is a good time to be buying Roku stock. Roku has been increasing at a very rapid rate lately clocking in gains of over 120% in less than 2 months. This is great however nobody knows if this is just a quick bounce back or are we starting an actual bull run/market. We are definitely in a short term bull trend but it's important we look at the bigger picture.
In my opinion, you can absolutely make money off trading this stock right now but if you are wanting to invest it may be best to keep patient. As with the turn of the switch, the market can start dropping and Roku most likely will follow in its lead. As an investor I feel it is necessary to wait for confirmation of a bull run before buying in for the future as it is quite possible we return to the $80 lows if we fail to break resistance.
Others would disagree as you would end up missing out on a lot of the profits however it is the much safer option and in most cases will save you from all the stress that these volatile markets can bring.
In this video, I use all types of indicators (both technical and fundamental) to predict Roku’s upcoming price action. For example, I like to use MACD, RSI, STOCHASTIC, MOVING AVERAGES, KELTER CHANNELS AND BOLLINGER BANDS for my technical analysis.
Finally, I look at the company's products, revenue, net income, profit, profit margins, assets and liabilities to determine if it is a financially stable and healthy company.
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In this video I discuss:
*I am by no means providing financial advice in this video or any of my videos. I am however sharing my experiences and knowledge on a number of online business and financial topics*
Jackson Vizzo's video: Is Roku Stock A Good Buy For 2020 Roku Technical And Fundamental Analysis BACK TO 80
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