Wait for $40 to buy. And buy big. Wave 3 of 3 coming. This stock is in a larger wave 2 and you can call that the institutional due diligence phase. Same story as NVDA, TWLO
wave 5 target above 700. Here we have the wave 2 of 5 pullback, should bounce off the .786 at $315 . thesmartcents
The bottom is in according to this count. We are in the large wave 3. I'd be a heavy buyer at the .618 for the smaller degree wave 2 pullback
As with many long term stocks they have the massive wave 1 before a significant and deep wave 2. Call this an institutional due diligence phase. That's where I believe FSLY is at. It's scary right now, but this could be an NVDA or TWLO type name. This is not my preferred count. I prefer the wave 1 top in October which is the all-time high. If this count is wrong...
We could definitely see under $230 with Roku. That's like an all-in type price for me. If the bottom of wave 4 is in then this count is invalid. Just wanted to show the possiblility
As a long share holder I have been adding heavily under $100 per share. As far as wave count, the count here is possible, but price action makes me believe wave 2 isn't over and we make one more lower low before the huge upside in wave 3. If we break 59 then we likely see 48. Down is good, up is good, as I'm going to add heavily as long as we are under $100 per...
Everything is still the same. Price target 600.
Finally got the wave 4 pullback. Long shares
"Almost impossible to be bullish enough on Roku." - Darian Harris, my stock partner. Buy dips
This count is no longer playing out. Started off great, the drop from 120 to 69 was unexpected
Earnings today could be the catalyst. With all signs of the overall market moving higher it makes sense for AMD to follow.
Honestly could see how 415 is the end of the green 3.
HIT THE BOX AND BOUNCED $13 at the time of typing this. The stock hit 211.50 after hours, therefore the chart doesn't show this. New highs soon. Have no done fibs, but the chart will look something like that on its move to new highs.
I see Fastly going higher from here. Hit $73.50 which is the .50 retracement. A bounce to about 100 then another flush lower could happen, or this could be the bottom before major long-term upside. Either way I would be buying below $75 per share.