Roku Rocking Again – Part III

I last talked about Roku about one month ago.

Roku Rocking Again – Part II

While the S&P 500 had a great start to the year, Roku’s share price rose 47% in January and then rose 48% in February.  However, Tom Forte at DA Davidson though there was more room to the upside and at that time, he raised his price target on the stock to $80, calling Roku’s nascent streaming service a driver of future growth.

Nevertheless, the chart suggested to buy Roku if and when price pulled back to the daily demand level at $50.

Yesterday Roku was downgraded by Citi Research’s

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