ROKU Long-term Break-out is imminent Long

Roku, Inc.NASDAQ

Description

⋅ Jul 6, 2020 8:10 PM

So many positive patterns that support a long-term bull run for ROKU.

- Weekly ABC correction complete
- Weekly wave 3 starts
- Fractals with Apr 2019
- Hold above 200 EMA daily
- Head & Should pattern in daily & weekly

Once it break-out, expects a 100% target.

Comment

⋅ Jul 10, 2020 8:32 PM

ROKU broke out!

Comment

⋅ Jul 10, 2020 10:13 PM

- Target #1: $250
- Stop-loss: $108

Trade closed manually

⋅ Oct 6, 2020 10:30 PM

Elliott Wave Head and Shoulders

Comments

client9999

⋅ Jul 10, 2020 9:56 PM

so now that it broke out, you think 100% target meaning like $300???

System_T

⋅ Jul 10, 2020 10:12 PM

@client9999, My 1st target is $250 but it may take months with a few trending-up waves. This is for long-term holding. Stop-loss is below $108.