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R1KU34 trade ideas

Supplement to “Springish” ideaAt smaller time frame I’m observing an expanded flat with B 1.618 extension of A, and C 1.618 retracement of B. This increases probability of seeing follow through off the bigger picture spring in the accumulation phase going into an expected sign of strength. My last idea, linked, goes into more detail about that but in summary here are my near-term expectations: - continuation up to 111 - pullback from 111 to around 100 - if bounces at 100, begin markup to 140 initial target
NASDAQ:ROKULong
by JabezDolz
Springish Obvious and typical *Drunk Spider Web* pattern unfolding. DMI indicates we just saw the spring of a wyckoff accumulation phase - still needs to complete sign of strength and backup/retest before markup. Within this zone can also see a triangle that broke out, then retested support. However, ROKU has quite a web of resistance - could swing long near term calls around 100 strike and hedge 3:1 (perhaps Jul 8 100c, Jul 1 85p) Confirmation for big long would need to see a run from here to around 111, then test of around 100 and bounce from there. If that plays out I’d become very bullish with initial target 140. Not Financial Advice.
NASDAQ:ROKULong
by JabezDolz
$ROKU short term bounce?$ROKU suffered a lot in the past few months after missing earnings and continues downtrend in the overall market. on this bearish market, its really hard to predict movement for bullish move. per #strat technical perspective; $ROKU is starting to gain more momentum after last week's slow and small rally. Despite the small rally from last week, the seller ratio still ratio is still higher than the buy volume. Below is my buy and sell target for ROKU For scalp or day trade moves. For calls; buy above $85 and sell at 86.04 or above For puts, buy below 80.30 and sell at 79.28 or below ============================================================ Welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions on which stocks I should analyze, please leave a comment below. If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
NASDAQ:ROKULong
by CHRIS_B58
ROKU Wolfe Wave Daily SetupOn June 15, Roku triggered a BUY entry using the wolfe wave daily setup. This wolfe wave setup has two major moving averages that are potential targets 21 day ma and 50 day ma. In addition, ROKU is squeezing on the daily time frame. So if the markets open Tuesday green, then ROKU has a shot of moving approx 11%. If the squeeze triggers long and the momentum picks up such that the momentum histogram bars cross up and above the zero line the the momentum should stick with ROKU and achieve the wolfe wave tgt of 116 before Aug 9.
NASDAQ:ROKULong
by TOSOPTION
ROKU - Bounce Play 2Having scoured many charts ROKU is my number 2 choice for a swing long in tandem with probable upcoming NDX bounce. I'm staggering my entries so I have not entered this yet as this chart is a bit more choppy that PYPL and I'd like to see NDX make a little progress first. ROKU however has had an even more impressive 85% crash compared to PYPL 77%. It has recently tagged an important support area highlighted that printed a strong shakeout reversal pattern in the 2020 crash. 2W RSI showing hidden divergence on the lower band. There isn't too much structure in this chart, it is essentially trend up, top, trend down and for that reason I would suggest a bounce to hit resistance in the top area @ $272 which is within the retracement shakeout area of 0.618 - 0.75. ROKU is potentially better RR than PYPL, but it isn't as clean of a chart so I will see a bit more before entering. Not advice.
NASDAQ:ROKULong
by dRends35
15
Roku USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
NASDAQ:ROKU
by Sunstorminvest
$ROKU Double Top Trade Idea$ROKU has earnings coming up on the 28th I believe and is in a text book "double top" pattern. I got price targets of $93.45, $87.83 and $81.90. It's crossed over the neck line @ $99.64 on the daily. A daily candle closed under $99.64 would probably be the safest entry but I'm already in 4/29 $80 P and 4/29 $75 P. Generally speaking Roku usually follows $NFLX. In regards to earnings I don't expect as an extreme move as Netflix but I am bearish on $ROKU leading up to earnings this week coming up. I'll update my position win or lose when I close out my contracts. *I'm a self taught trader, this is not trading advice in anyway shape or form.
NASDAQ:ROKUShort
by markbully