ROKU Breaks Higher Within Rising Channel, Eyes $155.90 TargetRoku, Inc. Class ABATS:ROKUadv567ecROKU continues to respect a well-defined ascending channel on the daily chart while trading comfortably above the rising 200 EMA, reinforcing the longer-term bullish trend. After a strong rally from the March lows, price consolidated near the upper half of the channel and successfully defended support in the $124–$127 zone. The recent bounce keeps higher lows intact and suggests buyers remain in control. Key resistance levels to watch are $137.25, $139.20, and $142.03. A decisive breakout above this resistance cluster could open the door to a move toward the major resistance area at $151.36, with the channel projection targeting approximately $155.90. On the downside, the first important support sits near $126.53–$124.02, followed by $120.58. As long as price remains within the channel and above the 200 EMA, the bullish structure remains intact. Bullish Thesis: Trading above a rising 200 EMA Higher highs and higher lows remain intact Ascending channel continues to guide price action Potential breakout toward $151.36 and channel target near $155.90 Key Levels: Resistance: $137.23, $139.20, $142.03, $151.36 Target: $155.90 Support: $126.53, $124.02, $120.58 Not a financial advice.