I used inverse retracement, based on the ideas of Fibonacci.
Frequency wave A:
1.618 - pos. retracement
6.618 - neg. wave start
Frequency wave B:
1.618 - neg. retracement
6.618 - pos. wave start
Roku has a VERY STRONG BOUNCE at the PURPLE ZONE (110-115) zone.
Frequency wave A:
1.618 - pos. retracement
6.618 - neg. wave start
Frequency wave B:
1.618 - neg. retracement
6.618 - pos. wave start
Roku has a VERY STRONG BOUNCE at the PURPLE ZONE (110-115) zone.
Comment:
News came out, not so confident in Roku reaching my price. Still possible.
Comment:
Roku might have hit a bottom at 128.3. If this stock was going lower to 120s-115s-110s zones, it should have broken through the 126 pps ping low. I will give any updates to my ideas once more price action is seen from Roku.