NFLXROKU Roku posted great quarterly earnings. Went from a loss making company to a profitable company. Roku was projected to become profitable in q3 or q4, this happend earlyr then expected and turned profitable in q2 with a 146% suprise . If you look into the past, most of the times rokus stock price crashed on earnings. And then later on recovered and broke last highs. As history repeats, roku price dipped on earnings. Lets see if history keeps repeating and the stock is set to break to new highs . I BOUGHT THE DIP.
NFLX After FED's announcement yesterday, Netflix seems to be the only technology company from those that I follow that is on an upward trend even if other companies like Google, Microsoft and Meta had better warning results. My assumption is that this is related to the fact that Netflix is not so reliant on the US market and their income comes from all over the globe. After all, everyone no matter where they live, watches in a way or other Netflix original content. Will this be enough to boost Netflix stock to the previous all time high of 13xx?
NFLX I Feel this stock didnt quite hold the resistance and sellers were strongly in control. I would say buy puts now until $ 1100-$1095 which is the entry and buying point. Next week after a heavy sell off in NFLX it will bounce to $ 1220-$1250.