Looks like we got the wash from compression into the 50% retrace, time to see if the rest of my theory plays out asp er previous chart
Notes on chart. Would love a wash from compression into 50% retracement support + bottom span of cloud. With recent DIS news, could go. Top of my watchlist.
Been trailing this one looking for short op's ahead of the lockup expiration in March..all kinds of fundamental reasons.
You all know I am Bearish on this stock. With This very obvious triple top over the last 3 weeks, my target on this is 30.22 over the next 3-6 months. Missed the entry on the breakdown of the triple top... but there are still great opportunities to short this crap haha
Looking for Roku to move up over the next few days based off of the Elliott Wave formations.
ROKU, Everybody's favorite....The ups and downs for the next few months.
Haters are saying that ROKU will correct itself to an avg price of 38 dollars or so. It closed at 47 dollars today. If my chart is correct, maybe it will keep going.
move up to start wave 3. In the process printing a BULLISH ENGULFING Candle. Upward Channel Established.
Is wave 4 Correction over? Could be.
easy setup now. calls above highs. puts below lows. stops at close.
Understand the characteristics and utilize the fitting strategy
my reason for shorting at 41.20. hit resistance and looking for 20 sma
no one expected rip to 48. We all expect fall back to 25.