ROKU to 380 by mid July.. BOOLISHPerfect bounce off 50% fib level after ABC correction Breakout of falling wedge and retest of trend line and 38.2% fib level PERFECTLY MACD bullish divergence Super boolish. Waiting until over 350 to enter into calls will be safer play. Longby UnknownUnicorn155068002
Roku stock get a new support level LONGRoku stock find a new support level after a long time period in my opinion its a Long term trade Longby Yonatansiboni0
$ROKU Trade Idea$ROKU Trade Idea Entry: 345 Strike: 6/18 350c Targets: 351, 356, 363 Support: 336, 328, 317, 308 @TradingView @KyleTrades86 Longby KyleTrades861
Long | ROKUNASDAQ:ROKU Possible Scenario: LONG Evidence: Price Action TP1: 334$ TP2: 344$ Call options, Strike 350$, 06/11/21 Call options, Strike 330$, 06/11/21 Call options, Strike 332.5$, 06/11/21 Call options, Strike 325$, 06/11/21 *This is my idea and could be wrong 100%Longby shksprUpdated 3
ROKU on watchROKU has recently broke the downward trendline. Price is now retesting the break point and should find support in and above the green box. Price is also pulling back to the 9/21 ema cloud which may provide additional support. Targets would be the dotted black lines. Trade is dead below green box. Longby WadeYendallUpdated 225
More downside to roku ?Roku chart looks awful, I do see a gap fill at 320 area with work from home coming to and end and folks heading back to work let see how Roku stock price will be for the next couple of months. Right now it's hard to decide if the market makers are finished with selling their position on this one. For now i'm bearish on this stock, anyways you gotta be quick with these type of stonks. I am not a financial advisor. Do not take as financial advice, ever. Do your own research. Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!by carreraluu0
1 Week Prediction Based on my technical analysis, I see ROKU hitting a minimum of $340 a share by the 11th. This price target could be reached much sooner. MACD shows growing bullish divergence while D+ also supports the increase based on low RSI & Green shadow indicating bull strength. Low RSI on the 1 hour chart shows that the stock is extremely under bought which signals investors to buy in. The red Kurotoga cloud above the candles represents resistance, Rokus highest level of resistance is exactly $340 and I believe it will break out based on the factors stated above. On top of that, the Guth 3x confirm signal at the top shows a solid green bar which represents a buy based on their algorithm. As an experienced technical analyst I have noticed the Guth 3x confirm to be increasingly accurate on higher time frames such as the 1 hour. Comment your thoughts on ROKU and follow to see this prediction be 100% accurate ( or inaccurate ) Longby Myantman101442
Roku update Guys roku made a really nice move. If you guys were following you got payed!! What a move i am still shorting roku. Lets see how it plays. Follow for more.Shortby abravo5034332
Failed breakout Roku Short itNever trusted this breakout anyways.. this was a pandemic darling, an ark star; alas the channel bottom can't wait to greet youShortby ContraryTrader4
ROKU DOWNFALLRoku is creating a head and shoulders on the daily timeframe. We are rejecting off the 350 level. We have two bearish hammers confirming the fall for roku. I am anticipating Roku to fall to 300. I will be looking in shorting Roku. Watch it closely. Follow for more.Longby abravo5034110
ROKU trading with in the channelNeeds to break the channel 355 and 360 needs to be confirmed. Cloud resistance as well. With volume coming in for growth, would be interesting to watch if this thing pushes through resistance this week especially given the short weekby dragonboys221
ROKU classic double bottom. I'm doubling down!Why It Happened Roku’s first quarter earnings report was an absolute killer. Usage was strong. Roku added 2.4 million accounts in the quarter, grew the number of accounts on the platform by 35% year-over-year, and got those folks to collectively watch 18.3 billion hours of content through Roku in the quarter (up 49% year-over-year). Roku monetized that increased usage better than it ever has, thanks to rebounding ad spend, new ad targeting products, and big growth from The Roku Channel. ARPU rose 32% year-over-year. Revenues surged 79%. All of this growth happened at the same time that the company’s profitability profile improved. Platform gross margins expanded 1,070 basis points. Player gross margins expanded 190 basis points. Total gross margins rose 1,290 basis points. Meanwhile, big revenue growth is driving positive operating leverage. While revenues rose 79% in the quarter, opex dollars rose just 28%, leading to 1,750 basis points of positive opex leverage. Adjusted EBITDA margins clocked in at a record-high 21.9%. All of these favorable trends are expected to persist next quarter. No wonder ROKU stock is surging. Does It Matter This blockbuster earnings report absolutely matters to ROKU stock. Shares have been stuck in a downtrend for a few months, mostly driven by fear among investors that Roku would follow in Netflix‘s (NASDAQ:NFLX) footsteps and report a slowdown in user growth in early 2021 as consumers left their homes more. But Roku reported no such slowdown. User growth remains as robust as ever. The only difference? Roku is monetizing those users better than ever through a series of new ad products and solutions. Slowing growth concerns should be calmed over the next few weeks. They will be replaced by optimism surrounding Roku’s continued usage dominance in the secular growth streaming TV market, as well as Roku’s ever-increasing ability to monetize its users. ROKU stock has great potential from here.Longby ShukriMahadi1
ROKU possible upsideROKU just broke out of this triangle, showing some strengh, Has possibility to run back to top of triangleLongby TheBullandBearLounge1
ROKU to $370?!ROKU is absolutely killing it, I posted a chart yesterday saying how it could go as high as 370, target is the yellow horizontal line. It looks very possible now with the breakout of a wedge on the daily chart. 200 EMA held as support for a bit and now it finally broke up and through the 50 EMA (green line) and out of the wedge, so I am VERY bullish on ROKU still.Longby ChaseMColvin553
Roku Bearish Count PossibleWe could definitely see under $230 with Roku. That's like an all-in type price for me. If the bottom of wave 4 is in then this count is invalid. Just wanted to show the possiblilityLongby shooter23jb111
$ROKU Shakeout Plus 3? ( Double Bottom)$ROKU Looks to have a "Shakeout Plus 3" or Double Bottom Set-up here. I've done the calculations for an entry according to shake-out plus 3 rules. However, I also like to see it clear a resistance area which I think makes for a better trade. This will be on my top watch list for next week. Ideas, not investing / trading advice. A word of caution, this chart pattern could also be drawn as a Bear Flag pattern. One of the reasons I want to get over that resistance area.Longby jaxdogUpdated 221