ROKU bullish scenario: Chart could eventually establish a bottom in the pricerange of the yellow box.
I have slightly adjusted my count since the last post. After further analysis of the pattern, this count aligns best if youre comparing price movements with the most important indicators.
I’m quite bullish on ROKU in the short and mid-to-long term. In a very bullish scenario, I see $160 as a possible target within the next year or so.