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ROKU INCROKU INCROKU INC

ROKU INC

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ROKU trade ideas

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. 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:ROKUShort
by legacyFXofficial
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 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
NASDAQ:ROKUShort
by Saxo
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.
NASDAQ:ROKUShort
by Otradehouse
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.
NASDAQ:ROKULong
by ownsov
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.
NASDAQ:ROKUShort
by legacyFXofficial