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ROKU, INCROKU, INCROKU, INC

ROKU, INC

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ROKU trade ideas

ROKU Options Ahead of EarningsIf you haven`t sold ROKU`s double top: Or bought the dip here: Then analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week, I would consider purchasing the 75usd strike price puts with an expiration date of 2023-8-25, for a premium of approximately $7.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:ROKUShort
by TopgOptions
$ROKU to make a comeback?Ever since the 12 months double top from Nov20 - Nov21 resulted in the plunged of stock price from the high of about 480 to 90, stock price of NASDAQ:ROKU has been on side way for awhile Where will it go from here. My own guess is mean reversion sometime to come The ~55 is a pretty fragile line, if price continue to drop below 55, the more plunge or consolidation will be expected. Otherwise, the next upside target within next 24 months is likely to be around 172 Beware of huge fluctuation in between Just my own humble opinion and not soliciting any trades
NASDAQ:ROKULong
by jangseohee
ROKU - waiting for the breakA number of small stocks have been rising of late and some have started to break out of their bases. ROKU has been forming a Base since late last year and began to cross above it's 200 day moving average steadily since 2nd June. It is now trading right at a basing neckline @ 75 and a break up is probably only a matter of time now. Whether the break will come 1) in the very near future or 2) at least one more pullback from here (up to 50% of it's recent AB upswing) before a successful breakup remains to be seen. Volume is still light at the moment (except for a strong day on 7th June) hence the odds could favour scenario 2 at the moment. Ideally, I would prefer to see stronger than average volume for at least a week (or longer) rising into a breakup. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:ROKU
by Juliac
8
ROKU ROKU is waiting for you, but it won't wait long. It looks like it's putting in a bottom, and may even be ready for mark up after 12 months of accumulation around the $60 level. From its all time high to what's shaping up to be cyclical lows, we have a range with its first quarter retracement around the $150 level. Extrapolating one step further, a 50% retracement from the cyclical lows to the $150 level is around $100, which is a logical place for price to mark up, if it does leave the accumulation range and accelerate updwards in the near term. I believe that will be the kind of move that doesn't offer many, if any, retests of the accumulation range, once there is a meaningful sign of strength from current juncture. Another way to think of it is bullish so long as it continues to close above ~66 (first quarter retracement of the range within the range), and probably not a bad idea to add on strength when it prints a new intrayearly high for the push up to $100 and $150 thereafter.
NASDAQ:ROKULong
by jhonnybrah
Is ROKU ready to reverse and recover?ROKU here is on a one hour chart. IT has trended down from from its supply/ resistance area of 65-68 and has dipped into its demand/ support zone of 52-53 per the Luxalgo indicator. Price is presently far below the high volume area of the volume profile which shows the the highest volume at 64. At this point, short sellers are buying to cover and take profit. Price is now at the lowermost VWAP bands in the deep undervalued area. Bargain hunters such as myself now have an interest. Fundamentally, the last earnings report was reasonably favorable given the context of the general market and the economy. I see ROKU as a long-trade candidate at this point. It should follow AAPL, TSLA, META GOOG and other mega-caps and begin an uptrend. ROKU has high volume high liquidity and relatively narrow spreads. I will take a call option trade striking $50 with a DTE of 30-45 days. IF it performs well, at 21-30 days I will roll it into another.
NASDAQ:ROKULong
by AwesomeAvani
1
Roku: Is it going to turnaround or fail from here?Roku made almost a V shape recovery from December low and then stalled out again. Profitability is still out of reach and other than Ark Invest, there is not much enthusiasm for the stock. Elliott wave has both on bullish or bearish counts, but in both cases, there could be some short and medium term upside before farther downside. Right now, stock can make another spike down to touch the 38.2 retrace level at $50 and create three touches of RSI bullish divergence and take off to the upside from there. Or it could start climbing up now. Next stop should be between $90-105. At that point for the bearish case, if price action collapses, then there is a chance it can go down to retest December 2022 lows or even break below. If price consolidates and eventually moves above $108 then the bull case is more likely. That does not mean it will be a smooth sailing. The price action will be choppy and volatile for quite a while. Right now I will be looking for another push higher fairly soon after this pullback is over. In case price breaks down below $50, it might play out a wonky H&S pattern back down to the lows. Have to keep that in mind and keep an eye on RSI not to break down below 36.
NASDAQ:ROKULong
by mukit1
More Pain for Roku?Roku fell sharply in late 2021 and the first half of 2022 as growth stocks collapsed. Now, after a period of consolidation, traders may look for the bearish move to continue. The first pattern on today’s chart is the 200-day simple moving average (SMA). Prices tested this long-term trend marker over the last three months without breaking through it. ROKU slid back under the 200-day SMA in late April and has remained there since, a potential sign its long-term downtrend remains in effect. Second, notice how the 100-day SMA never crossed above the 200-day SMA. That’s also consistent with a longer-term downtrend. Third, a triangle formed and resolved to the downside. Bollinger Bandwidth widened at the same time, a sign of prices starting to move after compressing. MACD has also turned bearish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NASDAQ:ROKU
by TradeStation
$ROKU SymmetricalAfter its earnings report, Roku seems to be forming a symmetrical pattern. I drew the trendlines to fit most of the tops and bottoms but you will adjust accordingly with price action. It looks like we're getting into the narrow straits of the trendlines so I'm looking for a breakout with high volume in either direction today or tomorrow. If you look at their earnings, I'm leaning towards a breakout on the long side but I'll let the chart decide. Let me know what you guys think!
NASDAQ:ROKU
by mylesnamine