Watching for ROKU to fall into the $93-$83 range. Here I will look at the lower time frames for a complete 5 wave structure within wave v.
Even considering a larger correction to play out, like and ABC flat or triangle, the next move is up. The .618 fib is the perfect spot to find support with the current wave structure.
I will decide at the time how to play this - likely a vertical options spread.
Looks to me like .50 Fib is holding. Looking to clear the .382 (120) before heading higher.
Kappy
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@counsellorvasquez, it's possible. I think c down looks best with iv taking some more time. At .618 I'm willing to attempt catching a bottom with limited risk. Not that confident at the .50