Roku Inc. (ROKU) has continued to rally ahead its fourth-quarter earnings, which are expected after the close Thursday. We looked at ROKU on Jan. 4, when we wrote, "Traders who are still long ROKU should raise stop protection to $301 from $240. I consider it a bearish clue when a stock declines on news that seems bullish."
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Let take a look at the charts ahead of Tuesday's earnings release.