Strong evidence based on ideas of Fibonacci and Elliot wave suggest that Roku is currently on a smaller scale wave 4 OF a large scale wave 1.
Look at the bull flag formation. Consolidation at the double bottom pivot from Feburary. Roku may be able to make a strong breakout.
Major Support- $103-102
Support- should not break if bullish- $115-118
Likely- watch for upward movement $133
Resistance- $143
Major Resistance- $151
Kommentera:
Markets might tank, Roku should not break $114.5-118 support level, or the upside is most likely lost.
Kommentera:
Roku very likely to hit 140-150 range. Bullish formations.