Hello Everyone! From an Elliot wave perspective, This is a super clean chart. The recent 8 month decline in roku was sharp and didnt correct up in any way. It also reached the .786 retracement of the entire move up since IPO. Because of this, I believe we are in a wave B of larger wave 2. I would wait for roku to drop around 110, and go long targeting 190-250....
Hello Everyone! I hope you all are having a good day. this is my TSLA Elliot Wave analysis. I see prices reaching 450 levels or so to finish the final wave 5 down. NOTE: however, the Wave C prices did reach the .618 level of Wave A, indicating that it can reverse from that level (low of 546). I drew a downtrend line and I believe we will still be in the...
Hello Everyone! this is my in depth elliot wave trade analysis for AAPL! I believe we are in a wave 2 of 5 for the C wave coming down. Prices will print below 118 very soon! A good position to enter short for about 3 4 month contract is around 129-132 level.