ROKU
UBERI WOULD GO LONG OVER 32.
SWING TRADE IDEA: 34C 9/4
**$UBER UPGRADED TO OUTPERFORM FROM NEUTRAL AT DAIWA
$UBER, $LYFT WIN REPRIEVE IN CALIFORNIA DRIVER PAY DISPUTE - CNBC CITING REPORT
ROKU: CEO just dumped 97M USD worth of stock!Date of transaction was 8/17/2020 and 8/18/2020.
Big boys taking profit and leaving investors holding the bag.
TSLAI WOULD GO LONG OVER YESTERDAY'S HIGH. (1924)
TRADE IDEA: 2000C 8/21
*I wouldn't trade this if you don't have profits to use. I would only trade this as a roll up.
Stock action up or down - we'll know soonI'm LONG $ROKU at this level, even though there's a chance (maybe even a high one) that the stock could drop down to the $140 level, I know, beyond a doubt that it will bounce back up. If the stock doesn't drop from this level of support, then I expect a big move north, to $155-157, and possibly higher.
Swing traders in LONG should hold as it's not a loss until you go flat. Short positions, be cautious because your ultimate payout levels are low 140 and in the best-case scenario, you could get down to $130 (however, this would be very suprising if that was the case).
Short term breakdown risk in ROKUI closed my longs at 152 and bought some puts here.
Last analysis on Roku:
Ark NextGen Internet ETFPrice has not been able to close below the 20ema since early April. It has tested it 4 times; today is the 4th test.
Taking into account the measured move from the past times we tested the 20ema, it should take around 7 trading days to get to the sell-target.
Happy & successful trading,
dorfmaester
ROKU Long term to $300?chart shows possibility... thoughts?
Long term asc triangle breakout... about to be bigger than AMD's rip.
ROKU: Pattern looks completeUnless something magical happens and they gap through $170, ROKU looks bearish based on past patterns.
BEARISH ROKU - Target $140sHistorically, ROKU fills its gap then drops into consolidation. I'm bearish ROKU for the time being, targeting $140s.
OPENING: ROKU SEPTEMBER 18TH 130/225 SHORT STRANGLE... for a 7.71 credit.
Notes: Earnings, high implied. There is some call side skew here that I occasionally try to accommodate in some fashion, but just went plain Jane delta neutral at around the 17 delta.
Defined Risk Alternatives:
September 18th 130/140/215/225, paying 3.63 at the mid as of the writing of this post, delta/theta 2.98/4.49.
September 18th 130/135/220/225, paying 1.65 at the mid as of the writing of this post, delta/theta 1.41/2.41.
ROKU BreakdownI alerted to buy above $154 and TP was $164-$165. I'm bullish next week. As long as we stay above $154 then I am bullish. My PT is $168
