R1KU34 trade ideas
Roku Weekly Lotto PrintsYesterday I bought 5 Roku Weekly April 30th $280 Contracts and got filled for (.66)
It looked like a potential double top was forming so I wanted to play the upside to supply zone, this morning after roku hit the supply zone and formed the double top, the price went down shortly after.
Sold my positions this morning at a price of (4.12) each, they ran all the way up to 5.20 but I wanted to secure profits this morning sooner rather than later, and I am thankful I did.
ROKU TGIT Earnings RunIn the published daily chart of ROKU, there is an inverted head and shoulders setup into earnings. TGIT, which is a simple strategy that opens a position on Thursday and closes on Tuesday, has a probability of success of greater than 60%. The expected move is approx 8% from April 29 to May 4. There is an A6 on the daily which scanning. When the A6 triggers, then the cycle count can be used to manage profit/risk into Monday and Tuesday. It is important to note that there is a gap at 435 which was created in an extended session on March 1.
ROKU 30 min AH OFF TGIT StrategyTGIT ROKU is designed for 30 min aggregation period with extended sessions turned OFF.
Onboarding strategy opened a position for TGIT and TGIF . Roku triggered TGIT and TGIF . POTUS scheduled a conference on climate change April 22 and introduced new tax policies which affected the markets negatively into Thursday's close. Interesting to note, ROKU's share price dropped sharply -3% , along with the rest of the market, on Wednesday April 21 one day before POTUS addressed the policy changes. So in hindsight, POTUS conference was priced in on Wednesday 21 at the opening bell. In this chart, I have selected the 78 min aggregation period as my time-frame of choice and favorite, not only for ROKU, but for all setups. The chart displays the ideal LONG trade setup. I have opened 3 contracts on ROKU for April 30 385C and 400C, which is equivalent to 15% position size of a 10,000 balance. I plan to close half at 100% and the rest on Tuesday 1030am EST.
TGIT and TGIF for ROKUOnboarding strategy opened a position for TGIT and TGIF. Roku triggered TGIT and TGIF. POTUS scheduled a conference on climate change April 22 and introduced new tax policies which affected the markets negatively into Thursday's close. Interesting to note, ROKU's share price dropped sharply -3% , along with the rest of the market, on Wednesday April 21 one day before POTUS addressed the policy changes. So in hindsight, POTUS conference was priced in on Wednesday 21 at the opening bell. In this chart, I have selected the 78 min aggregation period as my time-frame of choice and favorite, not only for ROKU, but for all setups. The chart displays the ideal LONG trade setup. I have opened 3 contracts on ROKU for April 30 385C and 400C, which is equivalent to 15% position size of a 10,000 balance. I plan to close half at 100% and the rest on Tuesday 1030am EST.
RokuRoku , has reached a support area , now is in ascending triangle and is near to break resistance trendline.
If should fail, and continue to go down the support should be the POC area around 227.30.
CCI, RSI and Soch low are coming out of oversold area
I am long.
1st Target: 444$
2nd Target: 500 $
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LazyBull
DISCLAIMER: I am not a financial advisor nor a CPA . These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Inverse Head and ShouldersLooks like Roku cam down to form a right shoulder.
Head is at 292.92
Left shoulder is 322.42 Right shoulder is 336.20. Possible stop under either shoulder depending how conservative you are with stops if you are already in this
A break of the neckline with an uptrend is a long entry signal for this pattern. The neckline then becomes support so a stop could be places somewhere under the neckline after long entry level is met.
Entering before a break of the neckline can be hazardous to your health, but so can trading (o:
No recommendation.
Roku was an arc but has pulled back past the .618 fib level.
Cup and Handle, Potential breakout coming. I see a cup and handle here and once I see a green 1 hour candle over that handle I'm buying in with a 1 ATR stop loss and 2 ATR price target. If the price goes up and stays above the 20 day moving average I will not sell at the PT until I see a red candle close below the 20 day moving average. BIG POTENTIAL HERE. I also see a bigger cup starting to form which is awesome.
ROKU Round DownROKU had gapped down this morning to the 230 level, then got bought up the rest of day filling its pre/post market gap. Now that it has filled the gap i'm assuming it will continue as a short completing a rounding formation downward to the 328 area as a first target, with potentially 315 and 300 as future targets.
ROKU - sympathy play for NFLX ROKU bounced off of the 21day sma on the daily and using it as a support. This is a good entry to long into NFLX ER in anticipation of a positive earnings which will give ROKU some sympathy run. ROKU did the same thing when NFLX had a good ER run last Quarter 2021
I would grab weeklies which would be a lotto.
ROKU keep on WatchROKU is a big mover when it moves up or down.
Please keep on watch as nflx er comes out 4/20 next week after market hours.
If this is positive news, this could be easily next target for bulls as there is gap at 434$
If nflx is bad, wouldnt be surprise if it starts setting up for an ET down which would be a downside target of ~$346
Roku Race Is Coming!Hello again Guys!
Here I'm coming with such an amazing chance.
Here we see a wedge breakout + Divergence on RSI + Hitting a Fibo support, and then we are ready for the race with 3 main targets as shown in the chart.
Keep following the comments for updates.
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Ciao!
Roku Analyst 4/11/21Roku Brokeout of downtrend with Support at $300 area, closed on Friday with a bullish Pinbar. we can expect Roku to climb up to $385 and test the resistance, or we can see Roku to retrace back to buy zone in the red box, before it bounce again. I think it will gap due to indicator MACD and RSI in position for a push.