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ROKU, INCROKU, INCROKU, INC

ROKU, INC

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ROKU trade ideas

ROKU: It is done falling into infinity?While some are sure Roku is dead, there might be signs of a turnaround. Weekly DI is now in bullish territory, with green DI being above 20 and red DI below. ADX turning down also signifies that the massive down move might have ended and a new phase is starting. I will be closely watching the retrace of the latest bounce to hold 50% fib level and create some kind of an inverse head and shoulders pattern along with the trendline breakout retest. If all of that plays out, it will be the sign to jump back in it for a crazy move up.
NASDAQ:ROKU
by mukit1
ROKU Earnings: Not Bad But Not GreatROKU has an incomplete bottom ahead of its earnings report later this week. The technical patterns don't indicate a bad report, just not a great one. There is some accumulation and a shift of sentiment around the lows of the bottom formation, which are likely to provide support. It is unlikely that this stock would drop further than the Dark Pool Buy Zone unless it has a bad report. The company has struggled with Market Saturation for a while. Some strategic partnerships recently and in the future may be what the stock needs to stabilize here to eventually begin the next uptrend. Weekly chart showing strong long-term support for the current bottom formation:
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NASDAQ:ROKU
by MarthaStokesCMT-TechniTrader
5
ROKU - BULLISH SCENARIORoku will release the fourth quarter and fiscal year 2022 financial results after the stock market close on Wednesday, February 15, 2023. The expectations are for -$ 1.71 EPS and 805.63M Revenue. The revenue growth slowed to a crawl through late 2022 even as its operating losses expanded. In early November, management projected that revenue would decline in Q4 for both its hardware and content platform divisions. A bullish momentum is expected. The first local resistance is located at $ 75. 2nd resistance is located at $ 100. 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.
NASDAQ:ROKULong
by legacyFXofficial
ROKU short ideaROKU potential short play Nasdaq listed stock Roku shares dipped 1.8% in pre-market after Truist downgraded the company to a hold from a buy rating, saying that the streaming stock is hypersensitive to a tough macro environment given that a large chunk of revenues are tied to advertising. Do people even use ROKU, we think it the offering is pretty lacklustre to be honest, a short for us. Price action subject to a breakout from this flag pattern after running into resistance in the early $50 territory.
NASDAQ:ROKUShort
by Blokestrading
ROKU setting up a SHORT TRADE ROKU double topped on November 14 and December 2 and then dropped in a downtrend until 12/28 and reversed. The mid Fib levels of the retracement a drawn onto the chart are being approached. I look for ROKU to bounce down off the Fib Level at 52. 2 and drop to approach the SMA 200 ( Red Line) after first crossing under the SMA 100 ( Blue Line ) and then to the POC line of the volume profile where buyers should take over and support price. Overall three targets ( SMA 100, SMA200, POC) and a three tier take profit scheme for a very conservative trade.
NASDAQ:ROKUShort
by AwesomeAvani
ROKU Reaching an Inflection PointI recently started looking at Fibonacci arcs and circles. I see them as something similar to support and resistance lines. Charts have an uncanny way of touching support and resistance lines. I've drawn arrows where the chart touched or came very close to touching the two circles I drew. I noticed that ROKU is very close to reaching an inflection point where the circles intersect around January 30th. The lower circle also intersects with a support level of 26.64 around March 7th. I've labeled this the Inflection Area. After reaching this area, the price action could head much lower or even higher. I'm not saying that to make sure I'm not wrong, I'm saying it because I don't know. The major bearish double-top pattern from 2021 may have reached the end of its influence, but I think ROKU will reach the support level of 26.64 at least. After that is anyone's guess. Disclaimer: I am not a financial advisor, and the above statements are not investment advice. My comments are only intended for educational purposes. You are solely responsible for your own trading decisions.
NASDAQ:ROKU
by cdnbuzzard
ROKU - BULLISH SCENARIOIt was a difficult year for Roku whose stock lost more than 90% of its value amid worsening macroeconomic headwinds, such as rising interest rates, and soaring inflation. Roku shares have become extremely attractive after the massive selloff this year, given its impressive active account growth, and improving monetization of existing and new users. A short-term bullish scenario is expected. The 1st resistance level is located at $50. 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.
NASDAQ:ROKULong
by legacyFXofficial