ROKU back to 270 area?ROKU back to 270 area, yes if QQQ can hold its range. Much lower risk here either way.
4ROKU trade ideas
What Does Roku Even Mean?Roku is an acronym for Really Obscene Kneer-term Upside. We have a beautiful confirmed breakout and if you've been following you will know that MACD divergence is the only reliable buy signal that exists. Let's see if it has legs.
Expect more downward price actionThe Bat Harmonic pattern on the weekly chart is coming to completion. The next few months should be interesting and we continue to be short biased, but proceeding with caution from here on out when shorting. Cheers!
$ROKU, trading it 1/7For 1/7, intraday trading ideas for options; For red or green market day. #options #daytrading
Break over 204.5 (entry, long), it can see 213-217 (exit)
Break below 189.5 (entry, short), it can see 176-181 (exit)
Option Trading 101:
Risk what you can lose (0.5%-5%)
Watch buyers and sellers (their interactions & sentiment, ex. exhaustion of buying or selling, etc.) in strikes that you’re watching & the ticker too; this is how YOU manage YOUR trade.
Consider following and checking out my prior posts & recaps (on twitter), have a great one. Not financial advice.
Buying ROKU HereRoku down 60%. They have a huge market share of streaming and will continue to grow. Weekly RSI bottoming out. Tight stops for a flush but will bottom tick it. Not advise.
ROKU - Trade SetupI love this gap today very bearish and like this trade to the weekly 200MA. Wait for a break of enter and this could take a few days to make it exit.
$ROKU trading in channel$ROKU gave up 618 retracement Friday, shit stock but trading in range for past 2 weeks. Rejected off supply zone 238/241. 224 is a key level. Puts below 227, PT 224, 220, 213. Calls above 230, PT 233, 235, 236. Also eyeing a reject at golden zone 236 or at the afore mentioned supply zone 238/241.
$ROKU interesting...Some solid consolidating over the last few weeks, this could be setting up for a move into 2022 for sure...
ROKU Inc - Range of InterestRoku Inc (ROKU, 233.00) | Testing lower boundary of multi-year channel + dips below the 200-day MA (see lower panel) have historically been buying opportunities.
Vertical lines reflect 'overbought' and 'reasonable value' zones.
ROKU: Bearish retest of the 50d? ROKU trying to break out over $237.44. Over that and the 50d ema looms at 257. Could be a great trade this week.
$ROKU | WEEKLY WATCHLIST 12/27$ROKU 1D
Looking really good into this week. Overhead ATH trendline is the key here. Over this, we can see accelerate to $250, $270 and $300.
$ROKU | Watchlist #4 | 12/27 - 12/31 ROKU +235
(Over $235 for calls)
Technical analysis: Bull flag breakout
RokuClosed right at wedge resistance here.
I think starting the week, we'll retest 222 support (White line). If that support doesn't hold we're headed to 170 or wedge support again.
On the flip side , the accumulation of the last 7 days of candlestick has formed a possible bull flag and as long as 222 support holds that pattern is valid.
Either way roku will breakout or breakdown this week . There's not much room to range trade for much longer
$ROKU swing tradeGetting tight down here. Possible short term bottom in place. Break outside of downtrend channel and we likely run to 260 again
roku buys looking for only buy opportunities on roku. would expect some bullishness come next week or jan.
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ROKU quick putI'm looking for ROKU to the downside come Monday, RSI super overbought and MACD showing signs of big reversal potential
$ROKU | WEEKLY WATCHLIST 12/20$ROKU 1D
Pretty nice chart showing more upside potential to come. As long as lows hold and market strength resumes, we can see Roku test the $270-316 region before any significant pullback.
