ROKU trade ideas
ROKU Long IdeaBuy Roku low and sell it high.
Roku is presently sitting at the near bottom of the recent volume profile
and above the POC line for support. On the 15-minute chart, levels are
marked out for a stop loss and a three-tiered take profit. This will be about
a 15% upside depending on the proportions of the take-profits.
ROKU Bottom Formation: Dark Pool Buy ZoneROKU is a good example of a high-risk sell short. The HFT gap was reversed the same day. You are looking at a Dark Pool BUY ZONE. Accumulation/Distribution confirms a shift of sentiment even as this stock turns down at a bottoming resistance level which is NORMAL and expected.
The company reports earnings for the holiday season in mid February. This makes for a common timeframe for a bottom formation's base to develop.
Recap : QuickTrade 198 : ROKUThe price triggered the bullish level and moved to the target and higher
Max DD 0%
Top Performance +3.76%
ROKU monthly despair phase of bubble cycleStop loss $0 take profit $453.92
ROKU monthly despair phase of bubble cycle
ROKU | LongRoku is one of Cathie Wood's holdings. I think in the short run ARKK could have some bullish movements. this could lead Roku to test 70th level
ROKU Inc Options Ahead of EarningsIf 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 your opinion about it.
oh wow ROKU1. below monthly
2. below weekly
3. massive gap below yesterdays close
can we retest any price action
OR
do we fill an old weekly gap
pre-market idea for ROKU1. i like this gap over friday
2. above weekly
3. will take targets at monthly
tiny gap downi would have like this to have gapped down more...but i think we see continuation down with two possible targets
daily moveslets see if we can move up in this range - we're still under alot of pressure (zone above and 10-20-50 EMA)...take plays quick
we've been here beforeon a weekly chart - you can see the last two time we've rocketed out from here...and on daily we had a hammer of thor..so i'd take plays above yesterdays hammer
ROKU - BEARISH SCENARIOBig troubles for Roku inc. For the past 14 months, the tech company is in a downtrend which caused a loss of almost 90 % of its stock price. The trend seems to be irreversible after the price broke the $ 62 support level on Monday.
The next major support level is located around $25.
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Fibonacci Not financial advice
We are long ROKU
Streaming is primary technology
Roku is the #1 streaming device in North America
$ROKU short term “bullish” appearance It looks like Roku might be basing here and Macd starting to curl for a quick short term bullish view but with The “October effect” in play a twitter account I follow says “if we do get a crash in October it has to be news driven… hedge funds, companies, countries, banks, crypto’s that fail.”
Selling ROKU in swing high.Roku - 30D expiry - We look to Sell at 73.58 (stop at 78.11)
The 1 day moving average should provide resistance at 73.00.
The previous swing high is located at 75.00. 74.97 has been pivotal.
Preferred trade is to sell into rallies.
Daily signals are bearish.
We look for a temporary move higher.
Our profit targets will be 63.33 and 60.33
Resistance: 60.00 / 67.00 / 75.00
Support: 50.00 / 45.00 / 40.00
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ROKU Short to $27About 6 weeks ago I posted analysis expecting ROKU to retest July’s lows, which it did. Back then was hoping retest would be quick and followed by a bear market rally.
I have since changed my view on the rally, instead I am seeing more downside. Main reason being that retest wasn’t quick and stock keep sinking (sign of weakness), and overall equity market conditions aren’t looking favorable with higher rates and lower liquidity from the FED.
Hard to say how low price will drop, but $27 minimum target seems like logical place for now - 2019 lows.
Short ROKU @ 62.00 Fractal BreakoutAlligator's mouth is closed on the daily and price is close to the Balance Line on the weekly.
Price is below both Balance Lines.
This does not look like a setup appealing to Bulls (if you see any bullish pattern please let me know). If the 62 weekly fractal is broken, there should be little resistance to the downside.
Stop loss as always is a close above the daily Balance Line.
We'll ride the wave (if there is one) as long as it last, so target will be (as always) also a close above the daily Balance Line.
Cheers.
$ROKU with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $ROKU after a Negative Under reaction following its earnings release placing the stock in drift D.
QuickTrade n. 57 : ROKUPossible bearish flag on the go
On the Long side I look for this positive Price Action to continue, with a possible bulllish cross of the 21h or 50h.
At least I expect a test of those EMAs on the slow 250h.
On the short side, I expect another test of the previous lows given the current market weakness.
ROKU - BEARISH SCENARIOAlthough the recent announcement that Cathie Wood's Ark Innovation has made a big purchase of Roku and the upgrade rating to Hold, in a short term it is more likely the downtrend to continue.
The price is heading for a re-test of the $ 59 support level.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
