Ladies and gentlemen, i have not really let you down these past couple weeks and it is not my intentions to let you down. Now we have for you a potential breakout of 41 or 11, that's kind of the best case scenario right now minimum. I see a move on roku, probably going to at least this 45 dollar price, and it's really my belief that we're going to be seeing roku trading up to 385 dollars within maybe a couple weeks. It is my belief that we are starting to see a bottom on roku and a new uptrend to the upside.

It just depends how quickly this move is going to take off, so we're going to run through all of the technicals on this stock right now and we'll start with kind of the uptrend downtrend trendline thingy mcgigger, so anyways, you will see back in this moment in Time we were up, trending market went up and then it broke down. So now we're going into a downtrend, so we go into a downtrend. You will now see that the market has crossed above that. But what do you need to suggest you're in an uptrend? First and foremost, you would need a higher low, so you will see that the markets here were going down, creating lower highs in lower lows, etc, etc.

We have just broken that downtrend. We have now created what looks to be a higher low. We have yet to break above the previous price action swing high or wait. Maybe we did.

I think we did excuse me. Let me zoom in yes, we broke above the previous resistance. Top swing high, which is suggesting uptrend, has really started. You will see that today the volume is all on the buy side, and it's pretty insane.

The other thing you will see when i change this and bring this down here is: if we look at our regular regular volume, you will see that we had gotten a volume beat here on this day. Look at the volume on the buy side. The volume beats the previous selling wave, thus buyers starting to take control. Roku then bounces up for a couple days and trades in here, which is really a flag pattern, so it trades bearish a couple days doesn't break down.

Then we get another. Green volume beat over the past couple trading sessions. You will see, then we get. Some seller beats here that take out this previous buy candle, so you might argue it's going down, but shortly after you will see that just now we have broken up started breaking out a little bit and we have a volume beat.

So these are all really good signs for the stock. A couple things that i will also point out to just feed you with more hopium is you will see that the only big selling wave that existed on roku was really this wave. This wave went down big seller wave. Then we bounce trickle down selling waves were not as big, then we bottom bounce up a little bit, pull back slightly.

Look at the selling waves in the pullback non-existent. The only thing that really existed inside and let me delete these old drawings, so we kind of clear this up. Sorry now, looking at the next thing is in this pullback area: okay, so in that little pullback, which we're going to change no just this pullback look at the selling waves non-existent and they were red on the ttm squeeze. Whenever you see red dots, the first two green dots to follow after red dots in uh is implying a squeeze, so you had big selling wave comes down, goes down more, not as big of a selling wave as a previous wave bonus, you're getting volume.

Buyer beats. You have your first higher low. You have your downtrend break break above previous top resistance, okay, ttm red, followed by two green implicate squeeze. Looking at the four hour oh hold on.

Let me just feed you a little more opium here, bullish divergence on daily charts, starting back from 9 14 low new low rsi low, higher low bullish divergence. Okay, that's on the daily go to the 180 day four hour chart okay 180 day four hour chart bullish divergence same thing start at 9, 13, 9, 14, high or low low, high or low momentum up awesome. Okay, now again, the other thing here is when we look at the four-hour chart, the four-hour chart just got back to its statistical mean. In other words, this is a breakout level.

So a lot of times it can hold its resistance, but if you're successful at breaking out, there's going to be a big momentum move. It is my belief that we're really trying to break this out and it is going to break out and there's a couple reasons. Why one of the reasons is because we've surpassed this previous top, so if anybody shorted this top right, they're, probably starting to get squeezed out second thing: this was a bull flag all right, so we pretty much just did like a bull flag here, a little sideways Consolidation, bull flag and now we're breaking up. So if this were resistance, there's a whole lot of pent up momentum.

That's starting right here to get jammed down by resistance! Think about that, if it was really meant to hold as a resistance, why in the hell, are everybody deciding to buy it up right before resistance? My belief, it's going to break out! That's why we have so much pent-up volume just before that level. So it's my belief that we are probably going to be going for a daily chart, move, i believe, to the statistical mean of 382.. So it's my belief that the four-hour chart is what we're going to use as the breakout time frame and the daily chart is what we'll be using as the resistance top time frame. So i believe, over the next couple weeks there is a strong chance.

You see roku hit 383 dollars, gave it a week two weeks, three weeks, maybe a month. Nonetheless, i believe, even by tomorrow morning, you will see roku hit a price of 354 to maybe even 345., so so that we don't get too ahead of ourselves. Just know that the current long-term target - i will almost say long term, but the current target i'm going for on roku next. Are these two dotted white lines once we surpass this? We will then start to be more hopium on the 383 target.

So yes, three hold on sorry, so we are looking for 365 to 353 by tomorrow morning. That would be ideal if we get up and through these levels it's going to this level again. If we go through 352, then we go through 360. The market will go to 384, ladies and gentlemen, and that's really all the analysis i have for you.

I hope you guys take this analysis and do with it. What you may, i believe the market is bullish this morning on our live stream. We got long roku here with the first target of 341 that was achieved today. I am not here to lie to you or give you misinformation or misguide you.

I truly believe you will see roku ending up at a price of 354 by tomorrow morning, if not up to 364 and maybe in a couple weeks, 383 dollars if it ends up happening just just make sure to like to like the video. That's all love, you guys take care, see you next, one.