ROKU might be setting up for a wave 5 upward. Price is at the 200sma and seems to have support at this level in the last few trading sessions. A breakout and takeout of the last bearish volume is what I expect next trading session. Entry is the break above last bearish candle with a stop below. If trade is not triggered I will cancel unless a hammer candle forms,...
Entry above the hammer as indicated by the
arrow. The price will probably come down for
the next several days before reversing(I am
anticipating a bear trap at around $164). If bulls
begin appearing then it should rise to the order
entry. At this point it will make another
attempt to break all time highs. I will take some
profit here and expect a small rest...