ROKU LONG CALL TARGETING 136 STOP AT 84 NOW AT 97.84

Updated
Bullish breakout with volume shall be a good buy signal however market still bearish and caution is required. so as of now its long call play but with high protection using long put or short to cover . the gate is to close above 110 then target will be 136 then if market is good enough , may we see new bull wave with target near by by 225. also possible scenario to pullback on Monday or Tuesday to confirm second shoulder above 84 which should be good entry too. stoploss for call at 84 .
Note
snapshot
Note
ROKU . Working as expected , consolidation . if 84-86 can hold next week then the bullish case can be confirmed - long term target at 225-220 looks more visible .
snapshot
Note
ROKU - Exactly as expected .
snapshot
Note
still rsi did not confirm the bullish move . next week will be confirmation or other rejection.
Note
snapshot
Note
ROKU took 2 months to form these 5 bottoms with ZIgZAg pattern...
the return is huge from here --- maybe -/+ 50%
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer