Get started
ROKU INCROKU INCROKU INC

ROKU INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

R35 trade ideas

Potential Long Opportunity on ROKU from Current Levels up to 73.ROKU stock is showing signs of a potential rebound from the key support zone around 68-70, with early momentum improvement despite technical indicators still being in negative territory. A break and hold above the 73.73 resistance could confirm a short-to-medium term bullish move toward the major resistance at 96. Trade Setup: • Entry Zone: Between 70 and 74 • First Target: 85 • Second Target: 96 • Stop Loss: Below 68 on a confirmed breakdown Technical Analysis Highlights: • Rebounding from the lower Bollinger Band • Key resistance at 73.73 • Early bullish crossover signs on MACD • Potential continuation toward 96 if 73.73 is cleared and held Recommendation: Consider buying in the 70-74 range with targets at 85 and 96, maintaining proper risk management by setting a stop loss below 68.
NASDAQ:ROKULong
by Muhannadchart
1
ROKU Close to Key Support After the Selloff Roku fell after its earnings report and updated guidance. Despite reporting EPS that beat expectations by 27.14%, Roku lowered its revenue guidance to $4.55 billion, down from the previous estimate of $4.61 billion. However, the sharp decline in price may present a buying opportunity for a medium-term swing trade. Roku’s EPS is expected to turn positive in the third quarter, supported by increasing revenue in each quarter. The 12-month analyst consensus price target is $83.76, which is approximately 38% above the current price. From a technical perspective, an ascending triangle formation appears to be developing at the bottom. While ascending triangles are typically continuation patterns, and rarely form at bottoms, it is still a positive sign for Roku. The lower line of the channel, which is near the 52 level and aligned with key horizontal support, can be viewed as solid support. As long as this support holds, an upward move toward the 200-day SMA and then to the 82.50 level is possible.
NASDAQ:ROKULong
by ftdsystem
2
ROKU Trend Bias: Bearish Until $66 Breaks This chart displays ROKU in a clear bearish trend, confined within a well-defined descending channel. The price recently formed a Lower High around $71.74, followed by a sharp rejection, confirming continued downside momentum. The current price action is hovering near the $61.60 support level, a critical zone that may lead to a breakdown toward the next support targets at $57, $55, and potentially $51–$49. A temporary bounce to the $62–$64 area is possible but is likely to act as a bearish retest unless the price breaks above $66.33, which would be the first sign of a possible shift in trend. Until that happens, the structure favors bearish continuation, and any rallies are likely to be short-lived. This setup supports a swing short strategy, with confirmation below $61 and resistance holding at $64. A move above $71.74 would invalidate the bearish structure and signal a potential trend reversal. More details about this Chart: 1- Bearish Channel Intact Your descending channel is strong and respected — price is moving from Lower Highs to Lower Lows. The recent rejection at ~$71 confirms sellers are still in control. 2- No Break of Structure Yet No Higher High (HH) has formed to invalidate the downtrend. There's no sign of trend reversal until price closes above ~$72. 3- Bullish Shift Only If : Price breaks and holds above $66.33 Then closes above $71.74 to make a Higher High That would flip the trend structure 4- Downside Targets Still In Play Next logical supports: → $57 → $55 → $51–$49 (major demand zone) 5- Bullish Shift Only If : Price breaks and holds above $66.33 Then closes above $71.74 to make a Higher High That would flip the trend structure 6-Strategy Suggestion: Entry : Now or on bounce to $63–$64 Hold Time : 2–3 weeks Targets : $57 → $55 → $51 Stop Loss : Above $66.5 or latest LH
NASDAQ:ROKUShort
by traderoute001
ROKU long positionROKU is a video streaming platform which is poised for strong growth, driven by its expanding user base, innovative offerings and strategic partnerships. Analysts label it as a comepelling long-term investment opportunity. However, ROKU isn’t trading at a reasonable entry price, in terms of technicals, so I would suggest the following: - Wait for the price to drop to the previous higher low of $66.3 to enter this trade - Put a stop-loss at $63.1 - Target a share price of $96.3
NASDAQ:ROKULong
by vf_investment
ROKU in Buy ZoneMy trading plan is very simple. I buy or sell when at three of these events happen: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Stochastic Momentum Index (SMI) at near oversold overbought level * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Entry at $73.29 Target is upper channel around $96
NASDAQ:ROKULong
by chancethepug
$ROKU Bullish Reversal?I have taken a 1/2 size position here on $ROKU. It had a nice big earnings gap and has since pulled back. It looks to me that it is now ready to reverse higher. See notes on chart. I have taken the fact that it broke (just barely) the Downtrend Line and put in what looks to be a reversal candle. My stop will be just below yesterday's low. This is my idea. If you like it, please make sure it fits within your trading rules. While I consider this a low risk trade, you may not. Thanks for looking. Comments always welcome.
NASDAQ:ROKULong
by jaxdog
Streaming to Success!Roku is building strong bullish momentum, with a gap forming around the $68.68 level. A breakout above the $80.72 resistance would signal continued strength, positioning the stock to target the $108.84 weekly resistance. This setup offers a compelling risk-to-reward ratio, with downside risk managed via a stop-loss at $65.55. As a leader in the streaming platform market, Roku stands to benefit from the ongoing shift to digital content consumption. Its strong position in advertising-supported streaming, growing user base, and partnerships with major content providers bolster its long-term growth potential. Additionally, the company’s continued efforts to expand its international presence and monetize its platform enhance its bullish outlook. This combination of technical momentum and strong industry fundamentals makes $109 a realistic near-term target for Roku. NASDAQ:ROKU
NASDAQ:ROKULong
by The_Trading_Mechanic