$ROKU ROKU another sleeping giant ending major correctionROKU perhaps a NETFLIX killer and another sleeping giant, preparing to complete major correction in supercycle (II) and preparing to start first bullish leg of supercycle (III).
Target range for buyers is within the blue lines as shown.
Wave 5 should end the correction ~ $132 area, but it *can* extend deeper (you must remain prepared in case it does). We're looking for another set of 5 waves to complete wave in wave c of supercycle (II).
1% rule per trade;
calculation here would be
Entry: ~ $132.11 - $118.38
Stop Loss: $32.00
Targets will be updated: Minimum we'll get is a 3 wave bounce where we'll be looking to take partial profits and put stop loss above entry to create risk free position in ROKU.
For spot buyers, DCA will be your best friend in case we extend to those lower extremes.
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
