R35 trade ideas
This should complete by TuesdayEntry-First bullish candle after pullback
Target $79.97
Stop $72.40
Price Action only
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
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
$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.
ROKU Options Ahead of EarningsIf you haven`t bought ROKU before the previous earnings:
Now analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $8,00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$ROKU - channel breakout above $83.50ROKU - stock getting tight in the channel. possible breakout coming soon. Looking for calls above $83.50 for a move towards $90 and $100. Stock is looking strong on indicators. on high watch
Roku...time to go here?!NASDAQ:ROKU looking good here, about to break out....
If NASDAQ:NFLX earnings are any indication, roku might beat also and raise guidance, in that case it might go higher and test the 100$ psychological level
next targets are 93 & 105 which are high volume nodes
PUT sale on ROKUGetting 1% for this put sale. Expiration is not too far away, plus ROKU is on an uptrend.
Goku Roku -LongBored, it's 2025 - so let's take what we've learned and apply it... I like roku's technicals... catching the 355 on the daily, let's risk some upwards momo into it's next earnings.
Rebound follow by sell offLook like Santa cancel gifts this year. Look for rally tomorrow followed by sell off. Easy money is over for now. We can change our direction now. Just follow the trend .
ROKU PREMIUM LONG SETUPAbove 92 RoKu will Reach 97 .
Posible to reach 100
but 97 is more Realistic to Take Profit
Stop Loss is 87
is 50/50 Trade
Do not Overleverage !!
NASDAQ:ROKU
Roku - Time to rocket? Roku looks really good here.
Coming out from a base. Consolidating for a couple of days in a down-turning market.
ROKU- Backtest and go up!ROKU- Backtest and go up!
-Demand zone support.
-Key level support.
-Backtest with low supply volume- good signals.
-Swinging on accumulation range before next up movements.
.
US STOCKS- WALL STREET DREAM
ROKU Buyout Target?Roku will be bought for a large premium in the next year, says Needham analyst Laura Martin.
Price Target $95 short term after a clear breakout above the recent $80 price levels.
ROKU - Momentum BuyROKU
Has had a strong recovery following another slump.
Notice the fractal symmetry similar to Bitcoin that we have had a selling climax followed by a recovery and then a weaker slump.
This recent weaker slump is an exhaustion wave I think.
And this area can also be viewed as a completed 3 wave correction.
And so with bearish impetus depleted, this can be an ideal momentum buy to top up from our buy below support @ $66 👍.
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
ROKU Elliott-Wave AnalysisROKU likely topped out in the first Elliott-Wave(1).
Price is expected to fall back to the grenn line (SMA), find support and establish the Wave(2)-bottom. Afrerward, im very bullish on the upcoming Wave(3).
Puts RokuBought puts Nov 22 strike 72. The price is testing the resistance but I think is going to fail. Is clearly in a downtrend and this stock likes to travel fast. Give it more time, maybe Nov 29. I feel a little tight on Nov 22.
ROKU to $85ROKU to $85 - positive developments for the company fundamentally. Targeting the gap fill.
Idea would be invalidated on a daily close below $72
#ROKU Elliott-Wave UpdateROKU bullish scenario:
Chart could eventually establish a bottom in the pricerange of the yellow box.
I have slightly adjusted my count since the last post. After further analysis of the pattern, this count aligns best if youre comparing price movements with the most important indicators.
I’m quite bullish on ROKU in the short and mid-to-long term.
In a very bullish scenario, I see $160 as a possible target within the next year or so.
ROKU looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
ROKU still looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
