Roku, Inc.Long
ROKU - DIVERGENCE - CONSERVATIVE DOUBLE BOTTOM MOVE
All,
Back checking my first anlaysis on ROKU seems very plausible. I see once again a 280-290s push here possible failure then double bottom or wave 2 retracement either one. Both are fine just know when it fails to sell and re enter more calls at wave 2 or double bottom.
Overall trend
1st move- 276 to 285-290
Alt 1st move - 276 to 273 (bottom of wedge again)
2nd move - 290 down to 275ish or 280 (2nd wave)
Alt 2nd move - 273 to 285-290
3rd move - 275/280 to 293/305
Alt move - 290 back to 275-280
4th move - 293-305 breakout to 315
Alt 4th move - 275-280 to 293-305
Back checking my first anlaysis on ROKU seems very plausible. I see once again a 280-290s push here possible failure then double bottom or wave 2 retracement either one. Both are fine just know when it fails to sell and re enter more calls at wave 2 or double bottom.
Overall trend
1st move- 276 to 285-290
Alt 1st move - 276 to 273 (bottom of wedge again)
2nd move - 290 down to 275ish or 280 (2nd wave)
Alt 2nd move - 273 to 285-290
3rd move - 275/280 to 293/305
Alt move - 290 back to 275-280
4th move - 293-305 breakout to 315
Alt 4th move - 275-280 to 293-305
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