$ROKU - Inverse H&S, 330calls > 326 target 339 stop loss 319$ROKU - Inverse H&S, 330calls > 326 target 339 stop loss 319
0KXI trade ideas
ROKU Reversal!!You don't need to be a candlestick expert to know how to trade them. It doesn't matter if you know the difference between a doji and a spinning or a star and abandoned baby.
They all have one thing in common, the next candle needs to open clear above/below the prior. Over precision is not a traders friend.
ROKU +50% in ~45 days from this exact price twice before. Will it be three times before the end of the year??
$ROKU Roku Bullish Divergence
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Roku - daily close above 320 and it should go to 330Roku - daily close above 320 and it should go to 330
Short $ROKU CMP $343.76Short $ROKU CMP $343.76. Long term trendline breakdown. Possible repeat pattern from last breakdown. Support ~$320 area
Roku - time to buywave 5 target above 700. Here we have the wave 2 of 5 pullback, should bounce off the .786 at $315 .
thesmartcents
Roku Swing 9-16-21Roku is being oversold as the rsi has dipped below 30 for the seccond time within the last month. The stock has recently crosses below the 200 ema, but is still above the 50. Roku hasn't been in a bearish trend since the start of the pandemic, and I don't see why that should start now. Eying roku 325c exp oct 22 with the intent of holding less then 1 week. I will keep a 10-15% stop loss and will roll the contracts if the turn around takes longer than expected.
Is the correction complete ?I think we may have bottomed out here and should see some upside. I am not very sure yet that the overall correction of this Wave 2 is over yet though. Need to see the price action and there might be an oppty to open a long here.
ROKU for the hat trick!Remember this level?? Very nice hammer on the daily chart today. Had you bought at today's closing price you would have had 2x 50%+ gains this year. Hat trick incoming??
$ROKU gave a hammer candle with bullish divergence at bottom$ROKU gave a hammer candle with bullish divergence at bottom. Fib retracement gives a PT of $401.xx. Do your own dd.
GL
$ROKU ON WATCHWatching to see if ROKU can close above the key $319 pivot low. This will give me conviction on a potential major reversal and low put in today to end wave 2.
$ROKU | WEEKLY WATCHLIST 9/13Needs to bounce in the $318-325 range or else ROKU could be in trouble. Extremely critical area for the stock with multiple support confluences (bullish trend line support + Fibonacci box retracement). Also important to note that the 200 Daily SMA is about to intersect with and test the 100 Daily SMA. (this isn't shown in my chart) If we see the 100 cross below the 200, this will be first hints of a major bearish trend taking place.
$ROKU - At crucial level, 340 calls >330 or 315 puts < 323$ROKU - At crucial level, watch for break out or break down, I am looking for 340 calls >330 or 310 puts < 325
ROKU: Short triggeredNASDAQ:ROKU
Daily -> I think is looking for downside. Broke ascending triangle, then consolidated for 5 days and market weakness helped break the 5 day tight support.
Weekly -> Broke 50MA on weekly, not looking good.
ROKU looks weak at 353.00Roku looks pretty weak, and I wouldn't be surprised to see it climb up to 353 only to take another downturn. The extending purple fib line is my trigger that the down move is finished.
Weekly Watchlist 9/7 - 9/10Here is what stocks we are watching for this week!
NASDAQ:MRNA
Looking for a $420 breakout with targets of $425 and $430
NYSE:NIO
Nice bullflag showing here, looking for a break over $41 with targets of $42 and $43
NASDAQ:ROKU
Currently sitting a major trend resistance, we are looking for a move over $346 with targets of $348, $350 and $352
$ROKU bullish move is over and reversal formation is in place.I love to trade $ROKU. It was an awesome instrument for me to trade so far. Doing my weekly overview of the market and just saw that $ROKU just made it to my list of candidates to short. Double top, the stock is lacking momentum to go up, trend line breakdown with bearish candlestick formation right before that. I think that the bullish case for this stock is over. Long term I could see this sliding down 80% from its peak.
Roku on a kitkat break?So as we can tell that we are in the 5th wave as I also confirmed with the (MOM Divergences) and I am looking for an expected drop around (.236 to 0.382) but (0.382) more to my liking and yes you can say "Aren't (2nd waves) deep retracements?" Yes they can be but I am putting a conservative estimate on my goal post. I am also accounting in for Time frame based estimates with a (Trend based time frame tool). Again these are my opinions.
As always happy trading : )
ROKU weeklyNeed trendline support to hold or this could see a major flush very fast. At these levels Low risk / high reward. If trendline support holds and ROKU rallies it could see 390 again quickly.
If trendline support breaks I would exit as top is likely already in.
ROKU bull count on 2 hrThis is a wave theory bull count on the 2 hr. ROKU looking to catch trendline support and bottom for a wave 2. Positive sign here is the bullish divergence and we bounced hard off weekly trendline support on Friday.
Negatives: gapped below POC and volume shelf resistance.
$ROKU - Holding at major trend line, MACD cross over - 400 ?$ROKU - Holding at major trend line, MACD cross over, watch if bounce, expecting 400 next week
