ROKU trade ideas
Roku - Just making charts cleanerWe are in the 5th wave of the larger 3.
We are going to 270 to finish the large 3, then back to 220 for 4, then back up higher.
Short-term upside
Long-term upside
A perfect trade opportunity to sell and re-enter lower in the medium term.
BUY below 225, sell at 270ish (could extend higher), then get back in lower.
I like ROKU for a short... still.Breaking 218 and it's a landslide, atleast 200 pt, green box is buy zone.
$ROKU looking prime for a long entry @$215.20.I like $ROKU here - so long as the market volatility stays mild and #ROKU can hold the blue ascending trendline line, going long around $215.20 has great risk/reward.
ROKU - The Stock Market in 3D - repeating slopesA recent Roku Diamond provide ample back-tests to identify repeating slopes in the pattern
ROKU 9 DAY FALLING WEDGERoku forms a falling wedge pattern over the course of 9 day. Wedge started begining peak at 238.66, falls to 221.70. BUY SIGNAL
Roku Update - One More Higher High?I looked back at my original Roku charts on my profile and hit the "play button" so you can see the before and after of your projection. My original projections were pretty spot on. Click the chart that says "Roku is going higher."
I see Roku going higher after retracing to about 210 (as shown on the chart) before a final 5 minor waves up to finish 5 of 5 of 3. If this projections starts to play out I will update the chart with an extension to where I think it can go.
BUY CLOSED ON ROKU! +9% ACC GAIN! 🤪Great BUY here achieving a total account gain of 9%! from risking just 1% per trade! SELL NOW OPEN! LETS SEE WHAT WE CAN BANK!
HOLD YOUR WINNERS! STICK TO YOUR PLAN!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
ROKU - Up to $221 - $223, then Drop to fill gap $215 - $213StochRSI 1H have a Bullish Divergence + MACD 1H ready to cross up.
Long to $221 - $223, if bull team can not hold that line, ROKU could drop to fill the gap $215 - $213.
Good luck and Disclaimer
ROKU dijanka naik keparas 1.618Jangkaan ROKU untuk naik sedikit lagi sebelum membuat reversal untuk jatuh
ROKUOne more push up before a larger correction. Wave 4 could be a complex correction but looking for one more high targeting 250.
ROKU trend line brokenNASDAQ:ROKU broke the trend line and is now under the SMA 20. Expecting major resistance at at $228 that should force it to go back down to $218 and maybe even gap fill to $212.
SL at $229
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ROKU - SWING ANALYSISROKU - As per the daily candles it is expected to fall further.
Sell here at current price 222
Stop loss around 231
Potential downside target 206
Follow the levels as mentioned in the chart and
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ROKU updatelove ROKU but would like to see a break over triangle
Triangle support on bottom side+ gap doesnt looks good at the time but we will see
Holding my Digital Call (Binary) strike 205 for 20% return with expiry 30-oct
If in danger ill close soon
ROKU going down?Head and shoulders forming on the 2 hour time frame, looking to see a move down to my minor support level at $169 if we break that zone we will see a movement down to $141. I have my fib .618 retracement at $200.73 as a possible bounce to retest all time highs but with political factors impacting the market theres a very small chance Roku would go back to ATH. We could see the previous highs by end of the year, but as of now just be patient and wait to scale in some long contracts for Roku.
The Roku IndicatorYou know what's weird?
Roku's daily chart.
Roku's daily price action on any given trading day is bizarre, to put it mildly. Every general progressive wave up reaches a near-term high that is exactly 1.236 times the orthodox top of said wave. Further, every broader corrective wave settles around the 0.5 retracement level. For visual ease, I've only provided one example of this, but I tested it on the other two larger wave cycles as well.
While this is, in fact, weird, there are enough examples of stocks that abide by strict and repeatable harmonic rulesets where something like this can be categorized as "weird, but so what?"
Rather, what is truly strange about Roku's stock chart is that it has an apparent, uncanny relationship with the S&P 500. See for yourself.
Notice that exactly six days after Roku's stock prints a tall, black daily candle that precedes a bullish run to local/all-time highs, the S&P 500 drops - sometimes significantly so.
The precision with which this occurs in exactly six-day increments is, to me, an extraordinarily strange observation. If this pattern is to confirm once again via a terribly bearish day across markets tomorrow, then I will legitimize this relationship by dubbing it, "The Roku Indicator."
And that.. would be weird.
- A Pig That Is Dreaming or A Pig That is Streaming?
NASDAQ:ROKU
SPCFD:SPX
NASDAQ:NDX
CURRENCYCOM:US500
CURRENCYCOM:US100
