ROKU trade for upcoming earnings LONGROKU is here on a 15 minute chart. An anchored VWAP breakout from the lowermost bands
three days prior to earnings suggests to me a long trade through the earnings. The target
is on the chart as the recent high pivots and mean VWAP line. This is a swing trade of about
4-5 days expectant for a 6% gain and perhaps more with a call option trade to supplement
the shares.
Pre-earningsplay
WM Waste Management ( Garbage Collector / Recycler ) LONGWM on a 180 minute chart shows a trend up since the October earnings. The January earnings
substantially beat the earnings from the October report and the uptrend accelerated. The chart
shows both VWAP band and volume profile breakouts persisting over 5 months. I have added to
my long-term position in WM with call options for January 2026 striking $200. These have
expensive premiums but I believe there is high value showing on the chart. I have taken partial
significant profits from the $190 calls for January 2025 and am rolling the remaining a year
forward. I will also buy a lot of shares now and hold them for about 4 weeks closing out most
of the position a few days before earnings and hold the remainder through the earnings.
Profits will be used to buy another call option.