ROKU
$687.50 win on $ROKU with lots of other moves spotted!!!Hi Guys,
Check out all the moves happening that Trendspotter is catching.
Enjoy,
Enda
roku the one ring to rule them all roku will benefit from the streaming boom. its like the modern day antenna.
daily chart possible 220 target by 2021
roku gets 137 its at 149.. if it gets 153 its going to test ath
Small, Mid and Large cap stocks with TrendSpotter!Hi Guys,
Using TrendSpotter to plot winning moves in Small, Mid and Large cap stocks. Exciting times!
Thanks,
Enda
Nice and easy moves from $TSLA, $NFLX, $ITCI, $MBOT etc!Hi Guys,
Some easy to spot moves using TrendSpotter on large and small caps. From $TSLA to $ITCI & $MBOT, TrendSpotter is there for you! I follow this setup all the time and stay out of the first few min to the entire first background until I get a reversal. You can use your own Risk Management system here but I like to sell half at about 50c to 75c and let the rest ride.
Enjoy,
Enda
Roku price this weekCurrently, Roku has indicated bearish signals in the short term, has broken out of an upwards channel, and is now re-testing a short term Bullish Trendline established in September 2019. This also happens to meet the 100MA, which price very well may bounce off of. However, volume needs to be significant, or we may see the price drop down to the next Fib level of 38.2% around $119. This is a price many expect Roku to hit this week.
However, if price does bounce off trend line, with significant volume, then current Fibonacci Retrace off of the 50% support line is still in play. This price target levels are 88% which has already been hit, and 100% respectively (and higher in the future). If we see a pivot off of the 100MA, we could see a Roku price of $151 to $158 this week. This stock is considered volatile, and can close gaps quickly.
Very short term trading is currently bearish, and will need confirmation of a pivot to see the higher pricing points. Overall, Roku remains Bullish.
Still In The Green.Roku still in the ascending triangle. For short term it would reach around 146-150 and if it break the next resistance is at 160 and more. Macd showing sign of a cross and the trend looks good.
HOWEVER! There is a sign of a descending triangle forming up and if it happen to break it would reach down around 120 and 100.
Personally Roku done great despite everything that had happened this rough year. Looking forward to what it could bring in this coming 2020. HAPPY TRADING GUYS!
Roku 12-19Roku needs to close above 50EMA and break out of the golden pocket zone to make significant bullish movement.
ROKU | 37% Correction Coming SoonGood Morning Traders,
I'm switching it up a bit and covering Roku. We should be looking for entry toward $123.5 to $125.33 with a exit around $164. Roku is sitting at 339% profit in 348 days, which is incredible for a Fortune 500 company. Throughout the previous 3 weeks, we saw a correction pushing 22%; if we can hold the channel movement up is likely with a target of $164. Billionaire, Anthony Wood quit his career with Netflix to join Roku & quadruple his fortune in just a year; Pulling in $2.2 billion since January.
This read is sponsored by Dan Orr, a stock market legend.
As always do your own research, I am not providing financial advice nor am I financial advisor.
DotcomJack | EasyLootFund
Roku Iron Condor115/120/180/185 Jan 17
0.14/0.17/0.33/0.30
Deltas on the call side are pretty high.
Credit 150/Max loss $350,
If the call side breaches I'll make an iron fly via rolling up the tested side if it breaches 185.
Max loss is $150 otherwise.
Bullish Roku PlayTrade deal Phase one seems to be agreed upon.
if everything is dainty then Rouk could be an amazing play here.
I would take roku Long here between $132-133 with a $3 stoploss.
$ROKU Moving Down (Bearish) Inside It's Bullish ChannelThis is usually what happens when certain buy side media outlets (cnbc) get euphorically drunk on a stock, it goes down!
Market makers and hedge funds love these moments of stupid exuberance, it creates a nice vacuum to sell at the (temporary) highs to weak hands as they know those same weak hands will undoubtably capitulate on (shakeouts) drops. What's better than taking shares from weak hands at a low?
Technically this is setting up for a drop to the rising support line. I'll be averaging in buys at that point. If it drops out of the channel, look for a the next support at $119, which is the 38.2% fib level.
$ROKU Entry for Longterm! [160+]$ROKU LONG TERM
-Downtrend occured after an Analyst downgraded ROKU, predicting a loss of 4 million subscribers in 2020.
-RSI shows the stock is undersold
-If ROKU remains between the 136-140 area, it will most likely continue to fill the gap and make its way towards 160.
Comment your opinions below, don't forget to follow!
This is long term, enter with proper risk management.
ROKU - Mixed Signals - Weekly ViewThis chart is a Weekly view continuation of the Daily view chart posted below.
ROKU showing a sell signal on Weekly, which is one of the best trends to watch for options entries IMO.
RSI trend on Weekly view has broken down.
Next trend on Weekly is bearish.
Hash Ribbons (newer indicator) show that selling has started and capitulation should increase. Fairly accurate indicator when used with others together.
Since we are seeing the trend on Weekly look bearish, I will stay in this position or add one more spread.
I will do my best to update as I exit or if things change. ROKU can be choppy so please have your stops/sell points set ahead of time if you enter.
Hard to time once things are moving.
Daily View ROKU chart from today.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
ROKU - Mixed Signals - Still Bearish IMO - Daily ViewROKU had a buy signal on the Daily yesterday, but the Weekly view shows a sell signal.
Bear flag formation on the 1HR and lower time frames.
Weekly trend shows bearish trend is next.
I think we are in a consolidation before further selloff in ROKU.
1.618 Fib extenstion matches up on Daily with end of Bear Flag.
For this reason, my stop loss didn't hit on ROKU in time...luckily because it continued down.
I think we see ROKU go to the white resistance line wedge before going back up. Could be wrong here though. ROKU giving mixed signals.
Will update with Weekly Chart as well.
ROKU analyst target shows one firm giving a downgrade with $110 target followed VERY NEXT DAY by another analyst with $200 target.
Clear manipulation by analysts as nothing is based on fundamentals here.
www.marketbeat.com
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
ROKU - Short Term Entry - Downgraded and OverboughtROKU has multiple gaps to fill down, was downgraded from Morgan Stanley today, and is overbought.
Morgan Stanley downgraded price target to $110.
Average Analyst Price Target - $124.93
Current price is $137+
www.marketbeat.com
We need to see ROKU break the white trendline to confirm the lower gaps may get filled.
Price may bounce off the white line back up, into the pattern to fill the gap down created today.
I am in this position for Dec 20 Call Credit Spread - 135/140 Strike (Bearish). Works out to 65% probability with 1:1 payout.
This is short notice entry, but risk is small.
My opinion - Who is going to be buying this dip in ROKU after 400%+ returns YTD, at ATH's, with a 15% downgrade, during the holidays?
Answer - I cannot think of anyone who would spend Xmas gift money on ROKU stock with issues stated above.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL....and ROKU (for now).
$ROKU Going to $300.With older ROKU devices not being compatible with netflix this week--chances are users of the older legacy devices and smart TVs purchased newer ROKU devices Black Friday/ Cyber Monday.
Technically the stock looks ripe to lift off to All Time Highs.
$300 Values the stock at $30B market cap which is far less than any other streaming business in it's tier. The company is growing rapidly and can be 'The' streaming platform that offers all subscriptions under one payment for a discount.
Also, the smart TV can serve ads much more accurately than any other conventional cable network. NASDAQ:ROKU
ROKU - Bear Flag on 1HR - Downtrend Continues IMOSeeing ROKU have a little retracement up made me recheck the chart.
As we see, ROKU forming a Bear Flag on the 1HR.
Price is very close to breaking 10WeekMA. Downtrend should continue once this occurs.
RSI breakdown trendline coincides with Dec. 5th, same as ROKU Bear Flag breakdown point.
RSI should not get over 70 - or consider exiting bearish Puts/Shorts.
Next trend on the 1HR is Bearish. Based on trajectory, we should fill the pattern right as trend turns bearish again.
My exit point is around ROKU $116.
I will stay in this position until next week most likely, or price target.
If Bull Flag pattern breaks up into gap above I am exiting.
Today's 50% price target increase was a joke. After yesterdays downgrade on ROKU, another analyst probably lost money and wanted to recoup some losses or exit their position.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, ROKU and AAPL.
ROKU had a great year!ROKU has had one of the best rallies in the stock market this year so far. With amazing performance thanks to investors' interest in digital streaming services and many giants, like Apple and Disney, joining the streaming community this year. Year to date stock is 344.09% up and 233.18% of that is since January.
Recent sell off in the price of the stock this week comes from analysts changing opinion on the stock target price. Sell off on Monday came from the Morgan Stanley's downgrade of the stock to 'Underweight' and lowering price target to $110.
Five-star analyst Benjamin Swinburne tells investors that his downgrade wasn’t spurred by Roku’s growth prospects, which he remains bullish on, but rather the risks that he doesn’t believe are built into the current share price.
On Tuesday though the stock went up and almost started closing the gap after Needham analyst Laura Martin raised her price target to $200, citing this as a great opportunity to buy the gap.
On the technical side, we see price struggling slightly to reach all time highs again, and wave analysis showing the potential correction in process. Price today closed just before the gap and 200SMA on 1 hour.
A break is a buy signal, potential to close the gap is there but expecting the price to reverse and sell again.
With end of the year approaching, investors will be collecting money on their positions from January, this could cause additional selling pressure if buyers start to collect and close positions.
Good Luck!
ROKU - DAILY CHARTHi, today we are going to talk about Roku and its current landscape.
The streaming company it's facing a tough end of the year as investors are seen a slowing profit growth and a lack of relevant sell reports which could entail another year of slowing of its growth, as noted by the Morgan Stanley analyst Benjamin Swinburne, that downgraded the company to Underweight from Equal Weight.
When we think about Roku business model looks similar to a transaction model, not a perpetual one, at least if the company remains on this track, considering that if we think about that number of customers that for example has a 4k television that is not a smart TV, and are willing to buy Roku product to have access to these streamings services not many, right? Considering that TV technology is progressing and will only make it cheaper to have a Smart TV, which could mean the end of the road for Roku if they don't drastically change their path.
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Zuckerberg is Bottle-Necking The Entire Collective ConsciousnessI post all these well researched and unique articles all over Facebook groups, but all of them get blocked...
This Fascistic Orwellian censorship is bottle-necking the entire human collective consciousness, and the damage Zuckerberg and his Big Tech Cartel Cohorts are doing to the human collective consciousness is incalculable, and they should be tried in the Hague for crimes against humanity.
Zuckerberg has given the Poynter Institute access to their algorithms so they can decide what is real and what is fake, yet they have shown time and time again that they are just as biased as every other media organization -- maybe even more, and this was displayed clearly for all the world to see when they refused to cover Bloomberg's recent decision not publish investigative reports about Democrats. According to the Poynter Institutes "Fake News Codex", which I am about to show you in the list below, this would warrant labeling Bloomberg as a highly biased news organization, which should result in up to 80% reduced sharability
We should be terrified by the world these Tech Companies are trying to create; a world where the average man and woman will be completely powerless to the ruling elites hypocrisy, fraud, and lies. For awhile, the internet was a tool that enabled unprecedented hyper inter-connectivity, giving the masses a tool to fight back against corruption, but now those days are over. Today, anything that contradicts the mainstream narrative will be deboosted, or even outright blocked, and your account will be banned. Today, if the government says it's true, it is just true, and we will have no way to counter their lies.
The Poynter Institutes "Fake News Codex"
bias: OpenSources: "Extreme Bias: Sources that come from a particular point of view and may rely on propaganda, decontextualized information, and opinions distorted as facts."
conspiracy: OpenSources: "Conspiracy Theory: Sources that are well-known promoters of kooky conspiracy theories."
clickbait: OpenSources: "Clickbait: Sources that provide generally credible content, but use exaggerated, misleading, or questionable headlines, social media descriptions, and/or images."
fake: Fake News Codex: "Sites that are fake,… A site doesn't need to exclusively publish fake content to qualify. In fact, many publish a great deal of authentic material, though it’s typically presented in a biased and tawdry fashion. This 'real' content serves as cover for the fake."
OpenSources: "Fake News: Sources that entirely fabricate information, disseminate deceptive content, or grossly distort actual news reports."
Politifact: "Fake news sites: There's little consistency of content or style among fake news sites — the common thread appears to be that they distribute fabricated content, but the reasons aren’t always apparent."
Politifact: "News imposter sites: Adding to the fog of fake news online, several websites appear to try to confuse readers into thinking they are the online outlets of traditional or mainstream media sources."
Snopes: "Fake News Sites and hoax purveyors… spreading fake news and outlandish rumors" and "false, disruptive claims" that "regularly fabricate salacious and attention-grabbing tales."
satire: Fake News Codex: "Sites that are not necessarily intended to mislead (such as The Onion and its legion of imitators), but that can be misunderstood by naive readers." OpenSources: "Satire: Sources that use humor, irony, exaggeration, ridicule, and false information to comment on current events."
Politifact: "Parody or joke sites: Many of the deliberately false or fake news stories we see in social media feeds begin on websites that attempt to parody real news — imagine the humor website The Onion, but without the name recognition (or often the comedic writing talent)."
unreliable: FactCheck.org: "Websites that have posted deceptive content." Fake News Codex: Sites that are "extremely misleading… We do not include sites that merely have a clear political or ideological bias."
OpenSources: "Hate News: Sources that actively promote racism, misogyny, homophobia, and other forms of discrimination."
OpenSources: "Junk Science: Sources that promote pseudoscience, metaphysics, naturalistic fallacies, and other scientifically dubious claims."
OpenSources: "Rumor Mill: Sources that traffic in rumors, gossip, innuendo, and unverified claims."
OpenSources: "State News: Sources in repressive states operating under government sanction."
OpenSources: "Unreliable/Proceed With Caution: Sources that may be reliable but whose contents require further verification."
Politifact: "Sites that contain some fake news: Finally, some websites appear to get duped like the rest of us."
