NASDAQ:ROKU has lost support at the yellow trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
NASDAQ:ROKU has lost support at the light blue trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
If you haven`t shorted the Double Top Bearish Chart Pattern: or the Q2 earnings: then you should know that looking at the ROKU Inc options chain, i would buy the $50 strike price Puts with 2022-11-4 expiration date for about $3.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read...
If you haven`t sold the double top on ROKU: Looking at the ROKU options chain today, i would buy the $65 puts with 2022-7-29 expiration date for about $0.32 premium. Looking forward to read your opinion about it.
Of course it was! The Double Top is one of the most obvious chart patters you can find: And i think it might go just where it all started: at the Covid lockdown level of $59. I know that today ARK bought around 400K shares, but i think they are wrong, ROKU hasn`t bottomed yet! Looking forward to read your opinion about it.
Using the parabolic glitter indicator it can be seen a brief double top period has repeated (in red rectangle), price following this structure should follow also. Bars pattern placed is just a guess of how price will behave on this daily timeframe
I warned you about than since i saw the Double Top Bearish Chart Pattern of ROKU last year: and then the Netflix earnings, thinking ROKU, as a former Netflix project, will be next: Now, after the earnings, i see a retracement to the May 2019 level. Net Sales: $865.3 million vs. $894 million expected Diluted EPS: $0.18 vs. $0.05 expected For 2022 Roku sees...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
So far lost ~70% from ATH. RSI ~25 range (Oversold territory). It has two scenario based on how fed/market plays. Scenario 1 is bounce from ~150 otherwise bounce from ~117 range. Both are strong support levels. Once should be able to open poistion and avegrage down in case it goes to 117 range.
In terms of selloff i mean. If you remember, Roku was a Netflix project in 2007. Roku TV founder Anthony Wood created Roku and started the streaming boxes without Netflix taking a risk. ROKU is embarking on its original content journey in a market with strong competitors. Waiting for the stock to come to the high volume buy area.
ROKU can be seen to dip and peak out of this channel The dips seem to be more often Currently we are at the point of a dip Going long is wise, no leverage
There is a wolfe wave setup on the Daily time frame in ROKU. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 315 and then 330 gap fill . The price is expected to reach these targets within 14 days. There...
NASDAQ:ROKU is currently looking very bullish. Long position placed with 6% take profit, as shown on the chart. Good luck, Your Ganbu ⚠️ Let me know your feedback and comments below! ⚠️ Follow me if you would like to see more analysis like this
Weekly EW wave assumption is that wave 5 is still developing and assumes a 1.272 fib tgt of 600 in Jan 2022. I have ROKU 380C for next week and expect price to moveo to the 369.54 which is the mean value of the weekly bollinger band. Upper bollinger band tgt suggests 462.03 and Weekly Darvas channel tgt suggests 490.76
Shares of Roku dropped as much as 4.8% lower on Friday, hamstrung by a bearish note from Wells Fargo analyst Steven Cahall. The pessimistic call on the media-streaming technology stock counterbalanced an upgrade that drove Roku shares higher yesterday. Cahall downgraded Roku from overweight to equal weight, meaning that the analyst now believes that Roku shares...
Interesting risk and reward for both long puts and calls. Roku closed slightly under the 6 day ma. A break below the 8 day ma opens the door down to the 21 day ma which is approx. 10% drop; however, if ROKU closes above the 6 day ma then there is a gap at 454 which is approx. 10% move higher. Although there is no squeeze setup on the 78 min time frame, there is a...
Amazing run after breaking out of channel and pull back to channel too then run. Now heading towards 447-450 resistance zone. Quite a trade for us hope you followed and made some $$$.