Rebound follow by sell offLook like Santa cancel gifts this year. Look for rally tomorrow followed by sell off. Easy money is over for now. We can change our direction now. Just follow the trend .
R35 trade ideas
ROKU PREMIUM LONG SETUPAbove 92 RoKu will Reach 97 .
Posible to reach 100
but 97 is more Realistic to Take Profit
Stop Loss is 87
is 50/50 Trade
Do not Overleverage !!
NASDAQ:ROKU
Roku - Time to rocket? Roku looks really good here.
Coming out from a base. Consolidating for a couple of days in a down-turning market.
ROKU- Backtest and go up!ROKU- Backtest and go up!
-Demand zone support.
-Key level support.
-Backtest with low supply volume- good signals.
-Swinging on accumulation range before next up movements.
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US STOCKS- WALL STREET DREAM
ROKU Buyout Target?Roku will be bought for a large premium in the next year, says Needham analyst Laura Martin.
Price Target $95 short term after a clear breakout above the recent $80 price levels.
ROKU - Momentum BuyROKU
Has had a strong recovery following another slump.
Notice the fractal symmetry similar to Bitcoin that we have had a selling climax followed by a recovery and then a weaker slump.
This recent weaker slump is an exhaustion wave I think.
And this area can also be viewed as a completed 3 wave correction.
And so with bearish impetus depleted, this can be an ideal momentum buy to top up from our buy below support @ $66 👍.
Streaming to Success!Roku is building strong bullish momentum, with a gap forming around the $68.68 level. A breakout above the $80.72 resistance would signal continued strength, positioning the stock to target the $108.84 weekly resistance. This setup offers a compelling risk-to-reward ratio, with downside risk managed via a stop-loss at $65.55.
As a leader in the streaming platform market, Roku stands to benefit from the ongoing shift to digital content consumption. Its strong position in advertising-supported streaming, growing user base, and partnerships with major content providers bolster its long-term growth potential. Additionally, the company’s continued efforts to expand its international presence and monetize its platform enhance its bullish outlook.
This combination of technical momentum and strong industry fundamentals makes $109 a realistic near-term target for Roku.
NASDAQ:ROKU
ROKU Elliott-Wave AnalysisROKU likely topped out in the first Elliott-Wave(1).
Price is expected to fall back to the grenn line (SMA), find support and establish the Wave(2)-bottom. Afrerward, im very bullish on the upcoming Wave(3).
Puts RokuBought puts Nov 22 strike 72. The price is testing the resistance but I think is going to fail. Is clearly in a downtrend and this stock likes to travel fast. Give it more time, maybe Nov 29. I feel a little tight on Nov 22.
ROKU to $85ROKU to $85 - positive developments for the company fundamentally. Targeting the gap fill.
Idea would be invalidated on a daily close below $72
#ROKU Elliott-Wave UpdateROKU bullish scenario:
Chart could eventually establish a bottom in the pricerange of the yellow box.
I have slightly adjusted my count since the last post. After further analysis of the pattern, this count aligns best if youre comparing price movements with the most important indicators.
I’m quite bullish on ROKU in the short and mid-to-long term.
In a very bullish scenario, I see $160 as a possible target within the next year or so.
ROKU looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
ROKU still looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
Straddle ideaI'm going to play out a straddle strategy. Not risking too much here. I bought just one Call Strike 78 and one Put Strike 77 both expiring 11/1. Tomorrow Roku presents earning results it's a high volatile stock. Let's see how it goes.
Options trade idea for Earnings! (High Protfitable)In this video, I am going to show you how to capitalize on small movements from NASDAQ:ROKU to any bullish movement to make some money out of it!
ROKU Options Ahead of EarningsIf you haven`t sold the Double TOP on ROKU:
Now analyzing the options chain and the chart patterns of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 72usd strike price in the money Calls with
an expiration date of 2024-11-15,
for a premium of approximately $7.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ROKU, the most awaited TURNAROUND has commenced! ↑↑↑ROKU has recorded an impressive volume surge of 52% from 7.7M to 11.7M conveying that buyers are back in the accumulation / positioning mode -- aided by the New Ad Partnership With Shopify.
The stock has taken quite a beating on its value over the years after hitting a peak of 487 on 2021. That is about to change now as recent metrics / data is hinting of an upside reversal.
On our tri-monthly chart, data is showing some shifting numbers already suggesting shorters are thinning out, and bulls are resurfacing. Histogram is showing some gradual bending lines suggesting an initial transition of trend. Bubble up volume has finally re-appeared after 2 years of waiting, last one was on July 2021. This is hinting of a turn around play for Roku.
Pricewise, we got the first white light candle appearance on tri monthly chart in over 4 years! Last one was on April 2019 during its initial bullish era.
The stock is currently sitting at 1.0 FIB level - a strong major order block support where the bulk of buyers converge. It also hovering a 4-year longstanding support at the present price range. We are now at the bounce base area.
Expect some significant series of ascend from the current range.
Spotted at 75.0
TAYOR
Safeguard capital always.
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NOTABLE GOOD NEWS for the company:
New Ad Partnership With Shopify.
Roku Channel comes to Google TV and Android TV devices
Roku Unveils Partnership With FreeWheel to Support Advertisers, Publishers
--------------------------
Some additional data:
Mar 2023 EPS beat by 22.02%
Revenues in green at $740M
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source: investopedia / mark wilowski
Roku Shares Surge After New Ad Partnership With Shopify
The company is giving viewers the option to purchase Shopify merchants' products’ directly through their TV
Roku products are displayed on a shelf at a Best Buy store on February 18, 2022 in San Rafael, California.
Justin Sullivan / Staff / Getty Images
Roku (ROKU) shares surged more than 11% on Tuesday after the streaming platform entered into a partnership with Shopify (SHOP) that gives viewers the option to seamlessly buy products directly from their TVs.
KEY TAKEAWAYS
Roku shares surged more than 11% on Tuesday after the TV streaming provider said it's giving viewers the option to buy products from Shopify merchants directly from their TVs.
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed.
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in 2021 after the company gave the latter's merchants access to its advertising platform.
Customers will be able to make purchases through Roku Action Ads. Roku's advertisements on its streaming devices give users a set of interactive choices, including sending a text, scanning a QR code, or making a purchase. With this new development in their partnership with Shopify, viewers can simply click "OK" on their remote to learn more about the product and purchase it directly through their TV.1
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed, providing a smooth and seamless checkout experience.
Men’s apparel brand True Classic, exercise equipment maker Ergatta, and wellness brand Olly are just a handful of Shopify merchants that have signed up as initial partners.
"Roku democratizes access to TV advertising, and now, we’re collapsing the funnel for Shopify’s merchants," said Roku’s senior director of ad innovation, Peter Hamilton, highlighting that the company has a "unique position to make advertisers unmissable across the streamer’s journey."1
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in September 2021 after the company gave the latter's merchants access to its advertising platform.2
Roku shares were up by double digits on Tuesday and have risen 67% so far this year. Shopify shares gained 2% and are 78% higher year-to-date.
$ROKU The Call of the CenturyDon't underestimate the sleeping Giant $Roku.
There is a Roku device or TV in nearly every home in America, likely the world.
They Offer free TV service, movies, shows with Ad's and their devices rarely fail.
We are looking at NASDAQ:ROKU from a purely technical perspective. It has been beat down. The higher time frames have put in higher lows and is holding trend. Executives for the first time in NASDAQ:ROKU history are buying up the stock enemas.
There is no where left to go but up.
Calls ROKUSuper risky, just bought calls 10/04 strike 77 expecting a breakout. Invers HS and bullish flag, low timeframe (not mu favorite) but the stock is very bullish.
ROKUan upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
Roku LongThe consolidation brought in a buyer above the support. Looks like it could continue its run unless a seller shows up soon.
ROKU WYCKOFF ACCUMULATIONWe can see WYCKOFF ACCUMULATION formed and finished, and now we are retesting on the upper line of the structure.
it's a perfect entry opp according to Richard Wyckoff
