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UMM_investments
Sep 13, 2020 8:30 PM

Closing on the fifth D-Wave Short

Roku, Inc.NASDAQ

Description

Here is our analysis on ROKU.
We plotted D-Waves on the daily chart and it turns out that the price still has to complete the fifth and final wave before hoping to climb higher.
In order to call the wave closed the price must first close at a 21 days low. So, for tomorrow the price target will be 145.7.

Comments
Abatix
Love the analysis with wave completions. I would greatly appreciate you if you can direct me to learning more about these waves
UMM_investments
@Abatix thank you. What I think might be the best book on the subject is "the new silence of technical analysis" by Thomas DeMark.
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