ROKU
ROKU vs Netflix Since it’s IPO, ROKU beats NETFLIX bay far, almost 10 times..!
While Netflix rewarded its shareholders decent 180% since September 2017, Roku rewarded its shareholders astronomical 1750% in less than 30 months..!
I’m convinced ROKU will surpass Netflix in coming years..!
Sell ROKU at 413$ to 380$ target price Open short idea RUKU.
From 413$ to 380$ (+8% gain).
Reasons - new TV sets and sticks will decrease quartal to quartal due to previous highs jumps in sales in covid lock-downs period. Now who wanted to buy TV or stick mostly done this, and future sales will decrease in post-covid reality.
Also there is few ideas to short, TESLA, NIO see below.
UPDD: NIO has reached the target +9% take proft on short.
Tesla
BYNDI would go long over 142.5 or you can wait for the 147 break. BYND fails a lot so you have to be quicker to take profits. I would go short under 135.
$ROKU resisted at 421.95So far resisted at 421.95. It might base in this range letting MAs catch up before another leg. 390 range should act as support
ROKU - Tracking a backtestif we see consolidation continue I will look for support in the 370-371 zone.
ROKU update - Bearish SHARK patternUPDATE:
$420 is short area... levels given... expecting retrace to $380. (38 fib).. cover area.. but def gonna pull.
Aggressive is short off $420 with stop above you can handle.
Price will react off fib levels provided.
SHARK pattern reversal.
Good luck!!!!!!!!
Roku Inc. Accurate ForecastHello community, after a 5 wave (12345) impulsive structure we expect at least a corrective structure which contains lower degree impulses. Now the 5 wave impulse is getting completed and we expect bears to take over. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you.
ROKU Potential Bounce Roku has been selling off on low volume the past few days. Should push higher if it can hold 332.
ROKU Bearish Crab + Shark - over $400ROKU Crab and Shark (Yellow Pattern). lining up to complete approx 419.. follow price off Fib levels to 4.236..
Happy New Year!!!
