ROKU Elliott-Wave Analysis

Oct 25

ROKU likely topped out in the first Elliott-Wave(1).
Price is expected to fall back to the grenn line (SMA), find support and establish the Wave(2)-bottom. Afrerward, im very bullish on the upcoming Wave(3).

Oct 31

Note

Price actually fell a bit far for my liking. Not quite sure if this scenario is still valid.

Dec 2

Trade active

The Chart found nice support. The Wave (2), marked in blue might already be complete. The price could now start rising towards Wave (3). In my eyes mid term gains of 50% are reasonable.

Well have to see what the future holds.
My buy in sits around $59.88