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Roku, Inc.

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ROKU trade ideas

ROKU TGIT Earnings RunIn the published daily chart of ROKU, there is an inverted head and shoulders setup into earnings. TGIT, which is a simple strategy that opens a position on Thursday and closes on Tuesday, has a probability of success of greater than 60%. The expected move is approx 8% from April 29 to May 4. There is an A6 on the daily which scanning. When the A6 triggers, then the cycle count can be used to manage profit/risk into Monday and Tuesday. It is important to note that there is a gap at 435 which was created in an extended session on March 1.
NASDAQ:ROKULong
by TOSOPTION
ROKU 30 min AH OFF TGIT StrategyTGIT ROKU is designed for 30 min aggregation period with extended sessions turned OFF. Onboarding strategy opened a position for TGIT and TGIF . Roku triggered TGIT and TGIF . POTUS scheduled a conference on climate change April 22 and introduced new tax policies which affected the markets negatively into Thursday's close. Interesting to note, ROKU's share price dropped sharply -3% , along with the rest of the market, on Wednesday April 21 one day before POTUS addressed the policy changes. So in hindsight, POTUS conference was priced in on Wednesday 21 at the opening bell. In this chart, I have selected the 78 min aggregation period as my time-frame of choice and favorite, not only for ROKU, but for all setups. The chart displays the ideal LONG trade setup. I have opened 3 contracts on ROKU for April 30 385C and 400C, which is equivalent to 15% position size of a 10,000 balance. I plan to close half at 100% and the rest on Tuesday 1030am EST.
NASDAQ:ROKULong
by TOSOPTION
TGIT and TGIF for ROKUOnboarding strategy opened a position for TGIT and TGIF. Roku triggered TGIT and TGIF. POTUS scheduled a conference on climate change April 22 and introduced new tax policies which affected the markets negatively into Thursday's close. Interesting to note, ROKU's share price dropped sharply -3% , along with the rest of the market, on Wednesday April 21 one day before POTUS addressed the policy changes. So in hindsight, POTUS conference was priced in on Wednesday 21 at the opening bell. In this chart, I have selected the 78 min aggregation period as my time-frame of choice and favorite, not only for ROKU, but for all setups. The chart displays the ideal LONG trade setup. I have opened 3 contracts on ROKU for April 30 385C and 400C, which is equivalent to 15% position size of a 10,000 balance. I plan to close half at 100% and the rest on Tuesday 1030am EST.
NASDAQ:ROKULong
by TOSOPTION
RokuRoku , has reached a support area , now is in ascending triangle and is near to break resistance trendline. If should fail, and continue to go down the support should be the POC area around 227.30. CCI, RSI and Soch low are coming out of oversold area I am long. 1st Target: 444$ 2nd Target: 500 $ Save and Invest LazyBull DISCLAIMER: I am not a financial advisor nor a CPA . These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:ROKULong
by LazyBull5
Inverse Head and ShouldersLooks like Roku cam down to form a right shoulder. Head is at 292.92 Left shoulder is 322.42 Right shoulder is 336.20. Possible stop under either shoulder depending how conservative you are with stops if you are already in this A break of the neckline with an uptrend is a long entry signal for this pattern. The neckline then becomes support so a stop could be places somewhere under the neckline after long entry level is met. Entering before a break of the neckline can be hazardous to your health, but so can trading (o: No recommendation. Roku was an arc but has pulled back past the .618 fib level.
NASDAQ:ROKU
by lauralea
3
ROKU Inc. (ROKU)February 16 - March 29 2021: this is the duration of the violent decline suffered by ROKU. In this period the company lost nearly 40% with the price hitting a high $ 486 and a low of 293 just in late March. Roku has 43 million active users and is present not only in America but also in Canada, England, Mexico, and Brazil. Technically it is considered the best "streaming operating system". Last year it acquired Dataxu , a company specializing in marketing. Last but not least, ARK ETFs has invested $ 750 in Roku and considers it an asset to keep in their portfolio for the future. Technically, the 40% reversal was a blessing, after the 600% (no joke) growth the company had from March 2020 to March 2021. I entered the first positive candle after the break of the bearish trendline, on the day of April 6th, unfortunately, the candle was very extended, followed by another 3 days not very volatile. We hope for a more favorable second half of April, to keep an eye on the volumes, which so far have been good but not excellent. The targets of the analysts have varied, with a range that goes from 400 to 650 (!!!) dollars. The sentiment is definitely bullish , but as usual, we try to be as realistic as possible and base ourselves on the volumetric analysis. We are already on a volumetric resistance zone , beyond which we could have the following scenario: 1st target: in the area of ​​$ 425 2nd target: 475 3rd target: 500 Psychologically $ 500 will be a very important line to cross. Although obviously, I hope it will do so as soon as possible, I believe that the most ambitious target, where I will most likely close the position, will be in the $ 475 area. Lazy Bull DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:ROKULong
by LazyBull5
ROKU, IS THIS A REVERSAL?Hello fellow traders and investors, here's another trade idea. Roku has recently pulled back and I haven't really found a strong support area, if ROKU makes a recovery to its previous high it offers around a 30% ROI. Technicals: The Macd indicates that it's oversold and still in an uptrend The RSI is relatively oversold The EMA's are in an uptrend When To Buy: ROKU has had an impulsive move which leads me to think that there's a corrective phase coming so I personally would be watching for a pullback and that would pose as a better buying opportunity. When To Sell: I recommend selling at its previous high Fundamentals: Roku, Inc. engages in the provision of a streaming platform for television. They have a P/S of 25, a debt/equity of 0.07, a sales Q/Q of 58%, a earnings per share growth of 499% Q/Q, a profit margin of -1%, and a short float of 2.86%. Rating: 95/100 the technicals look pretty good and so do the fundamentals except for their relatively rich valuation however with their tremendous growth they can explain why they have valued it at such levels. Their profitability is also not great but not too bad either so generally their doing quite well. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.
NASDAQ:ROKULong
by UnknownUnicorn11084119
7