ROKU become "brokeu" after dropping 80% in 1 year. Now, some bullish divergence is beginning to form, which is pretty common in a Wave 4 pattern. Roku CAN and probably does make one lower low, but slowly accumulating and buying around $70 does make sense....and maybe even dollars. ;-)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.