Roku has been able to grow its top line revenues and user base at anticipated rates.
Roku's main profitability metrics including gross margins and operating expenses continue to trend unfavorably for investors.
Roku's stock has been consolidating in a pennant chart pattern and could significantly breakout to either side since its apex coincides with the timing of the company's upcoming earnings report.
After peaking above $175 last September, Roku (ROKU) has been in a fairly volatile consolidation range. Part of the reason behind the stock's indecisiveness has been inconclusive earnings reports which neither gave additional