ROKU - Momentum Buy

Updated
ROKU

Has had a strong recovery following another slump.

Notice the fractal symmetry similar to Bitcoin that we have had a selling climax followed by a recovery and then a weaker slump.

This recent weaker slump is an exhaustion wave I think.

And this area can also be viewed as a completed 3 wave correction.

And so with bearish impetus depleted, this can be an ideal momentum buy to top up from our buy below support @ $66 👍.

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Trade active
ROKU

Has had a very nice bounce from support.

So a 3 wave running correction appears to be complete.

Most likely this is the start of the bull market right here.

And our $66 entries looking great 🙂.

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Trend Analysis

We're into the Trump presidency bull phase🥳.

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