On June 15, Roku triggered a BUY entry using the wolfe wave daily setup. This wolfe wave setup has two major moving averages that are potential targets 21 day ma and 50 day ma. In addition, ROKU is squeezing on the daily time frame. So if the markets open Tuesday green, then ROKU has a shot of moving approx 11%. If the squeeze triggers long and the momentum picks up such that the momentum histogram bars cross up and above the zero line the the momentum should stick with ROKU and achieve the wolfe wave tgt of 116 before Aug 9.
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Website: tosoption.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.