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ROKU

RokuRoku , has reached a support area , now is in ascending triangle and is near to break resistance trendline. If should fail, and continue to go down the support should be the POC area around 227.30. CCI, RSI and Soch low are coming out of oversold area I am long. 1st Target: 444$ 2nd Target: 500 $ Save and Invest LazyBull DISCLAIMER: I am not a financial advisor nor a CPA . These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:ROKULong
by LazyBull5
ROKU Inc. (ROKU)February 16 - March 29 2021: this is the duration of the violent decline suffered by ROKU. In this period the company lost nearly 40% with the price hitting a high $ 486 and a low of 293 just in late March. Roku has 43 million active users and is present not only in America but also in Canada, England, Mexico, and Brazil. Technically it is considered the best "streaming operating system". Last year it acquired Dataxu , a company specializing in marketing. Last but not least, ARK ETFs has invested $ 750 in Roku and considers it an asset to keep in their portfolio for the future. Technically, the 40% reversal was a blessing, after the 600% (no joke) growth the company had from March 2020 to March 2021. I entered the first positive candle after the break of the bearish trendline, on the day of April 6th, unfortunately, the candle was very extended, followed by another 3 days not very volatile. We hope for a more favorable second half of April, to keep an eye on the volumes, which so far have been good but not excellent. The targets of the analysts have varied, with a range that goes from 400 to 650 (!!!) dollars. The sentiment is definitely bullish , but as usual, we try to be as realistic as possible and base ourselves on the volumetric analysis. We are already on a volumetric resistance zone , beyond which we could have the following scenario: 1st target: in the area of ​​$ 425 2nd target: 475 3rd target: 500 Psychologically $ 500 will be a very important line to cross. Although obviously, I hope it will do so as soon as possible, I believe that the most ambitious target, where I will most likely close the position, will be in the $ 475 area. Lazy Bull DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:ROKULong
by LazyBull5
6 Corrective Structures on ROKU. What can we learn?Today we bring a post about finding a similar situation to the current one in the past. Why is this useful? Because if we understand the resolution of a pattern that has already happened several times before, we can start using them to know what we want to wait for before trading. We are using a Logharitmic chart so we can see the same proportions of % bullish and bearish movements despite the nominal movement. What are the conclusions we have based on this? -We have 5 examples of situations where the price dropped between 25 - 40 days with durations between 28 - 60 days. - 3 of them provided bullish resolutions with great % gains after the breakout, 2 of them provided fake signals -If we create adequate filters, we can avoid at least one of the fake outs (like waiting for the breakout of the more external trendline of the correction and then looking for a small throwback on a lower timeframe) -The rawest scenario is one in which you trade all of these structures without waiting for confirmations. Using that idea, even if you had 2 stops, you could manage to take profits on the 3 scenarios with at least a 1:2 Risk Reward Ratio. Imagine developing setups with much more accuracy. We hope this type of information can help you develop your own study cases on this type of asset to project resolutions to what is happening right now. Thanks!
NASDAQ:ROKU
by ThinkingAntsOk
2
NETFLIX and CHILL into EarningsThe TOSOPTION algorithm continues to sell short NFLX; however, momentum has decreased in acceleration and could reverse net positive. Last week NFLX over the weekend strategy TGIF was a success and we expect the same trade to generate another winner which will be 2/2. On Thursday March 25, NFLX gap at 498 was the last gap to fill and now the only remaining gaps within the NFLX price structure is located at 520 and 540. Last week's TGIF closed at 542.76 which as the intraday high for the week. We expect 542.76 to be taken out March 29 and follow thru into April 1.
NASDAQ:NFLXLong
by TOSOPTION
ROKU Stock 21/03/21 Analysis 4H ChartNASDAQ:ROKU - Trend Analysis - 📑Value: 0/20 📈Growth: 20/20 💰Profitability: 10/20 🚀Momentum: 18/20 💸Earnings: 16/20 🖇️Total Score: 68/100 Data: Volume 3.55M Average Volume (3 months) 4.53M Previous Close $341.95 Open $343.00 Shares Outstanding 111.08M Technicals: ( Simple Moving Average ) 10D SMA $354.28 (-1.91%) 50D SMA $406.65 (-14.54%) 200D SMA $252.30 (+37.74%) Market Cap $43.91B Total Debt $438.32M Cash $1.09B Enterprise Value $43.26B Revenue $1.78B Gross Profit $808.22M Net Income - EPS Diluted -$0.14 Free Cash Flow / Share $0.53
NASDAQ:ROKULong
by investor_kings
2