-ROKU is in processs of completing Wave A-B-C with Wave A is being built and has not yet finished.
- MA200 is waiting around $53 mark, so price is expected to have a big demand at that area and might cause a short term bounce.
-If MA200 held, Wave B should have at least hit the high of Wave 5.
- Entry: ~53
- Stop loss: below MA200
- Target: high of Wave 5 71
- R:R ratio: 11:1
- MA200 is waiting around $53 mark, so price is expected to have a big demand at that area and might cause a short term bounce.
-If MA200 held, Wave B should have at least hit the high of Wave 5.
- Entry: ~53
- Stop loss: below MA200
- Target: high of Wave 5 71
- R:R ratio: 11:1
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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.