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Roku, Inc.

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ROKU trade ideas

Roku shares forecast for 2021Walt Disney and Netflix became the leading companies in online broadcasting during the pandemic. But Roku, which makes streaming devices, had its best stock gain in the past year, which was more than 450%. And the company is just beginning to expand the scope of its services. According to management, in 2020, Roku OS was the best smart TV operating system in the US, accounting for 38% of smart TVs sold. Despite the high sales of the devices, Roku actually gets a lot of revenue from advertising sales. Advertisers are increasingly abandoning traditional TV channels and moving to streaming platforms that offer more accurate ad targeting, and Roku is preparing to take the maximum share of these sales. From a technical point of view, Roku's share price rose from $58 to $485 a share last year. Now we are seeing a correction, but the company's quotes were not allowed to fall below the $322 level. It is worth noting that the values of the RSI indicator fell below the level of 30 for the first time in a year, this indicates that the shares are oversold and another wave of growth may soon follow, as it was in March 2020. A strong signal for buyers will be a breakdown of the $377 level, such a price movement will indicate the end of the downward correction and the resumption of the bullish trend with the first target at $485.
NASDAQ:ROKULong
by IndexaCo
ROKU Short to 240?Bounced hard twice off off the trendline support but got rejected hard by weekly supply... had another short term bounce but couldn't hold over 315 for long I think we see ROKU finally break this trendline within the next week or two. I will be looking for a confirmed break of 283 support to start my short positions. I have a monthly PT of 239.15 which is daily demand (I expect a big bounce in this zone) I would consider taking 5/30 270p or 6/18 250p just to give the play time if it breaks the support levels! Happy trading!
NASDAQ:ROKUShort
by stockmankam
1
ROKU HEDGE POST EARNINGSTGIF for AAPL for onboarding was under selling pressure for May 10,2021. As a result, the LONG CALL positions 131C are under some pressure and require a hedge in case the market collapses. So we picked up ROKU 275p weeklies at 0.86 slightly less than 15% of the initial position size. Generally, when the markets are trending higher, a hedge is not usually required but due to seasonality and apparent weakness in NQ it is best to place this hedge in case the market begins to sell off for the entire week. Risk and reward is shown in the chart from the purple darvas channel and the earning gap fill remains open 284.89. Break below 272.41 opens the door down to 250 very fast and weekly hedge may cover the tgif aapl 131C.
NASDAQ:ROKU
by TOSOPTION
Roku Educational video example of using Fib and Gann Tools The idea is to show how to use the tools , not to show where price will go . When you draw your gann Fans adjust the angle to match your levels close to 45 Degree( 40-50 angle ) . This is the key then Draw your Fib Retracment and make sure 50% level crosses the cross points of the middle lines of both gan fanns as on the picture . You should draw as soon as you notice swing low and swing high and adjust angels apropriatelly . It will take time to get the angle right but at leaset you will know where you are and be close to the retracment points .Thank you
NASDAQ:ROKU
by mariyan15135931
Roku Weekly Lotto PrintsYesterday I bought 5 Roku Weekly April 30th $280 Contracts and got filled for (.66) It looked like a potential double top was forming so I wanted to play the upside to supply zone, this morning after roku hit the supply zone and formed the double top, the price went down shortly after. Sold my positions this morning at a price of (4.12) each, they ran all the way up to 5.20 but I wanted to secure profits this morning sooner rather than later, and I am thankful I did.
NASDAQ:ROKU
by ChaseMColvin