$ROKU going longCHART
Long lower shadow
Volume +70% buyers stepping in
Falling wedge/ Horizontal support
at 50% Fib
Stoch oversold about to cross up
RS Rating 96
FUNDAMENTALS
EPS Rating 74
Group RS Rating 91
SMR Rating C
ACC/Dis Rating D+
Composite Rating 90
Timeliness rating B
Sponsorship Rating A
Funds increasing (2 High quality)
1st Positive Annual expected EPS
Last Qtr EPS +477% and Sales +58%
Debt 7%
Positive cash flow
NOTE
Moat = Streaming and connected devices
Recently ARKK added on to position
ROKU trade ideas
ROKU - Head & Shoulders (bearish)It is looking like we are into a wave of nasty correction in the market with a number of stocks now looking bearish in the short term. Tread carefully!
ROKU formed a Head & Shoulders and have broken below the neckline @ 379 today. Should there be a rally in the near term. we have to see if 379 has now become the resistence. Intermediate supports @ 340, 315 and finally 275 (Head and Shoulders target)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Roku review for February. Lets see what March will bring. Hello traders
A lot of my ideas of late have been Forex based so time to show how one stock I followed performed for me in February.
The stock in question is Roku and I'm working the one hour time frame here.
Only two trades last month a long and short. Both trades were a 1:4 risk to reward ratio.
Once the trade has played out I simply wait for the next signal alert and go again if any present this month.
The purpose of this idea is to show the adaptability of our strategy on different instruments.
As with all my ideas back tested data can be found at the foot of this header.
Back test data is based on 10 contracts per trade with a £1000 starting capital. The back test data is from Jan 2019 to now.
Quick overview of the strategy in use.
The strategy is a trend based strategy.
The inner workings of the strategy are 5 individual strategies rolled into one . Trades are only valid when all 5 confluences line up.
At this point the trade presents on the chart. Alerts can be set and the the strategy can also be automated.
No excess time spent at the charts
Adaptable strategy to suit your trading style.
Works on any instrument and time frame.
Want too know more?
Sure drop me a message and feel free to ask any questions.
ROKU - BUY ZONE HERE, MAKE PROFIT NOWROKU - this is a good stock to have, and it's in a great buy right now.
It is doing well, its actual stock value is around $ 478, but its current price is just $ 406.
The company has good plans, good leadership, and investment funds are pouring in. Great signal at support on the chart.
$ROKU to the moon!!$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a hidden bullish divergence forming ins the daily from jan 4 - feb 23, another thing $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc . Still waiting for price to find support on the daily, with the current selling pressure in the candle im not certain that $ROKU has found support, I much rather see a bounce of that 50 EMA or at that 395.22 price. On the DAILY the RSI & Stochastics are bearish however they are creeping into those oversold territories My profit target is 486, which is currently ATHs. but I believe $ROKU will soar past this. let me know what y'all think of this analysis please!!!!! be honest !!!
$ROKU BULLISH ASF$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc. Still waiting for price to find support on the daily, with the current selling pressure in the candle im not certain that $ROKU has found support, I much rather see a bounce of that 50 EMA. on the DAILY I like the RSI & Stochastics are bearish however they are creeping into those oversold terror ties. ill be keeping a close eye on this. My profit target is 486, which is currently ATHs. let me know what y'all think of this analysis please!!!!! be honest !!!
$ROKUEntry price : 456.91
Fundamentals :
- Sector: Leisure - Streaming
- EPS % Chg (Last Qtr): 141%
- EPS % Chg (Previous Qtr): -340%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 0%
- Sales % Chg (Last Qtr): 73%
- Sales % Chg (Previous Qtr): 42%
- 3-Year Sales Growth Rate: 49%
- Annual Pre -Tax Margin: -5.4%
ROKU - still strong and finding supportROKU dipped below a resistence-turned-support @ 443 briefly to test close to the 21 day moving average before closing as a pretty bullish pin bar on Wednesday. The stock has only retraced less than 50% of its recent AB swing up and has held well yesterday despite the overall market sell off.
Expecting this stock to continue it's uptrend with possible near term target @ 518 (162% fib extension of the BC swing upwards)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)