NASDAQ:ROKU has lost support at the yellow trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
NASDAQ:ROKU has lost support at the light blue trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
If you haven`t shorted the Double Top Bearish Chart Pattern: or the Q2 earnings: then you should know that looking at the ROKU Inc options chain, i would buy the $50 strike price Puts with 2022-11-4 expiration date for about $3.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read...
Roku Short Term - We look to Sell at 77.50 (stop at 91.34) Our outlook is bearish. Broken out of the wedge to the downside. There is scope for mild buying at the open but gains should be limited. Reverse trend line resistance comes in at 77.50. Preferred trade is to sell into rallies. Our profit targets will be 41.57 and 30.00 Resistance: 80.00 / 110.00 /...
$ROKU destroyed in AH Trading after Earnings Report Hight Likely to visit POC Volume profile at $40
If you haven`t sold the double top on ROKU: Looking at the ROKU options chain today, i would buy the $65 puts with 2022-7-29 expiration date for about $0.32 premium. Looking forward to read your opinion about it.
Roku Short Term We look to Sell at 98.40 (stop at 107.29) Preferred trade is to sell into rallies. Bespoke resistance is located at 98.40. Posted a Bearish Outside candle on the Daily chart. This is negative for sentiment and the downtrend has potential to return. Our profit targets will be 73.29 and 61.10 Resistance: 100.00 / 140.00 / 178.00 Support:...
As per my observation short the Roku stock as it is going to be lose its value.
ROKU accumulation zone between the lines, suggesting to buy small amounts slowly over the next 6 months
Of course it was! The Double Top is one of the most obvious chart patters you can find: And i think it might go just where it all started: at the Covid lockdown level of $59. I know that today ARK bought around 400K shares, but i think they are wrong, ROKU hasn`t bottomed yet! Looking forward to read your opinion about it.
I warned you about than since i saw the Double Top Bearish Chart Pattern of ROKU last year: and then the Netflix earnings, thinking ROKU, as a former Netflix project, will be next: Now, after the earnings, i see a retracement to the May 2019 level. Net Sales: $865.3 million vs. $894 million expected Diluted EPS: $0.18 vs. $0.05 expected For 2022 Roku sees...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
In terms of selloff i mean. If you remember, Roku was a Netflix project in 2007. Roku TV founder Anthony Wood created Roku and started the streaming boxes without Netflix taking a risk. ROKU is embarking on its original content journey in a market with strong competitors. Waiting for the stock to come to the high volume buy area.
Roku down 60%. They have a huge market share of streaming and will continue to grow. Weekly RSI bottoming out. Tight stops for a flush but will bottom tick it. Not advise.
ROKU can be seen to dip and peak out of this channel The dips seem to be more often Currently we are at the point of a dip Going long is wise, no leverage
Shares of Roku dropped as much as 4.8% lower on Friday, hamstrung by a bearish note from Wells Fargo analyst Steven Cahall. The pessimistic call on the media-streaming technology stock counterbalanced an upgrade that drove Roku shares higher yesterday. Cahall downgraded Roku from overweight to equal weight, meaning that the analyst now believes that Roku shares...
ROKU 1D Long-term LONG/BULLISH - We had a retracement to the 0.5 of the Fibonacci Retracement ($272.47) and since than we kept going up, if we manage to find a strong resistance and fall back down and break the 0.5 our next retracement level is the 0.618-0.66 area (Approx. $215.00), is the current Retracement of the 0.5 is actually the correct Retracement our...