Was that it for the A on ROKU?


As discussed, we need to see how ROKU behaves in RTH this morning. It is certainly possible that it works hard to recover and resume the more ideal extended (v) of c of A inside the larger (5)th.

But as warned yesterday we were heading into earnings with a new high already in the (v)th wave of c right to the 100% extension. So any further weakness will most likely signal a top for the A and the start of the consolidation as Minor degree B of (5) with support in the 100 or 90 regions ideally.

ROKU - Primary Analysis - May-08 0854 AM (2 hour)
ROKU - Primary Analysis - May-08 0854 AM (2 hour)
Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.


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