ROKU runs to Earnings
Updated
ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands
demonstrates a high volume area breakout on Tuesday last week having passed through the
entire high volume area bottom to top the previous 24 hours. On those days it had a burst of
volume. The volume is constant and consistent. Earnings are in two days. More volume
spiking has been seen in the last trading session. I see this as an excellent long trade setup
as a swing trade for the rest of the week into next if the earnings are better than they were
last November
demonstrates a high volume area breakout on Tuesday last week having passed through the
entire high volume area bottom to top the previous 24 hours. On those days it had a burst of
volume. The volume is constant and consistent. Earnings are in two days. More volume
spiking has been seen in the last trading session. I see this as an excellent long trade setup
as a swing trade for the rest of the week into next if the earnings are better than they were
last November
Trade active
ROKU fell in a weak general market. I look forward to it'sshare price inflating ( LOL !) in the near term after the market settles down.
In the meanwhile it is a buy at a lower price on discount.
Comment
CEO makes a great timing sale !!!!tradingview.com/news/mtnewswires.com:20240214:A3077953:0/
Trade active
ROKU dipped at the market open to take out some of the tight stop losses ( LOL !)and then popped 3.3 % Stop loss now above break even and call options are green.
Taking down a tenth of the position tomorrow at HOD.
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