ROKU updatelove ROKU but would like to see a break over triangle Triangle support on bottom side+ gap doesnt looks good at the time but we will see Holding my Digital Call (Binary) strike 205 for 20% return with expiry 30-oct If in danger ill close soonLongby jasperpfPublished 1
ROKU going down?Head and shoulders forming on the 2 hour time frame, looking to see a move down to my minor support level at $169 if we break that zone we will see a movement down to $141. I have my fib .618 retracement at $200.73 as a possible bounce to retest all time highs but with political factors impacting the market theres a very small chance Roku would go back to ATH. We could see the previous highs by end of the year, but as of now just be patient and wait to scale in some long contracts for Roku. Shortby jUiCE_TradesPublished 1
The Roku IndicatorYou know what's weird? Roku's daily chart. Roku's daily price action on any given trading day is bizarre, to put it mildly. Every general progressive wave up reaches a near-term high that is exactly 1.236 times the orthodox top of said wave. Further, every broader corrective wave settles around the 0.5 retracement level. For visual ease, I've only provided one example of this, but I tested it on the other two larger wave cycles as well. While this is, in fact, weird, there are enough examples of stocks that abide by strict and repeatable harmonic rulesets where something like this can be categorized as "weird, but so what?" Rather, what is truly strange about Roku's stock chart is that it has an apparent, uncanny relationship with the S&P 500. See for yourself. Notice that exactly six days after Roku's stock prints a tall, black daily candle that precedes a bullish run to local/all-time highs, the S&P 500 drops - sometimes significantly so. The precision with which this occurs in exactly six-day increments is, to me, an extraordinarily strange observation. If this pattern is to confirm once again via a terribly bearish day across markets tomorrow, then I will legitimize this relationship by dubbing it, "The Roku Indicator." And that.. would be weird. - A Pig That Is Dreaming or A Pig That is Streaming? NASDAQ:ROKU SPCFD:SPX NASDAQ:NDX CURRENCYCOM:US500 CURRENCYCOM:US100 by UnknownUnicorn5511258Published 663
Does history repeat itself here?Lots of interesting similarities, but stocks only go up now a daysby Melon_TradesPublished 2
STOCKS FLYING ACROSS THE BOARD!! ROKU +7.7% RUNNING GAIN!WE RISK 1% PER TRADE! THIS trade now running at an RR of 7.7! thats a 7.7% account GAIN of one trade!!! Stocks strategy file now released! below youll see our list of stocks we have found optimal settings for! Amazon Apple Tesla Cineworld Facebook Netflix BABA US30 DAX - DE30EUR US500 NAS100 SPX500USD Google ROKU UK100 BA - Boeing Zoom ZM Barclays ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!by congibbUpdated 3
Roku buildingWill be watching this going forward. I am a big fan of this stock in the long term. by J_ChartsUpdated 8
rsi is very high!this is what i call pton on steroids xD if you really want to get my stop loss would be 220, goodluck ;) Longby Vibranium_CapitalPublished 24
Baby are you DOWN DOWN DOWNWatch out for this. It will try testing the top next week but short everything. I will be waiting for it to drop to the area between 0.236 and 0.282 before going long. I bought a 225 Oct 23 2020 put today and will add some more with lower prices next week. Let me know what you think.Shortby qudusky13Updated 336
The Stock Market in 3D - Roku at GP SupportROKU, PTON are prime give back candidates for a short term play. Longer term, stay at home plays to the bulls have correlated with a rise in covid cases. by PennywickPublished 2
Will ROKU be my next victim? This is another teaser, or is it actually my next pick? Wait till next week to find out! by Myantman101Published 221
Roku 10/9Possible we see ROKU stay on the downside and fill the gap before rising back up. However, if it doesn't we have some key levels it needs to break before retesting ATHby yangtradesPublished 0
what a play :othis is a gift that keeps on giving. but dont get lost in the hype. look at the trend closely and you can see where ill be looking to dip buy in the future. :) leave a like if you found this useful !Longby Vibranium_CapitalPublished 1128
The Stock Market in 3D - Rokurunning the bull channel - .5 Support - now awaiting the market to digest the stimulus tweet. by PennywickPublished 224
ROKU look nice for quick SHORT NASDAQ:ROKU roku on high level of channel up, now in doji candle - if the end of this day will look with this doji candle roku will be candidte for short under 198$Shortby AR-InvestmentPublished 3
ROKUWeekly looks pretty good. Daily like a rising wedge. Holding 193 has more upside.Longby Dllew2019Published 1
Critical spot for $ROKUShown in the chart, there is a long-time ascending channel that $ROKU is now set to either retrace a bit or breakthrough. Being overbought on RSI and StochFULL, the technicals show a higher chance of a drop then a breakthrough. Plus you add the volatility with the elections and risks of market-pullback, equates to a higher than normal risk-reward to go long here. My advice, if you're not long already, don't chase it at this price. Wait for a pullback.Shortby WhiteHuracanUpdated 114
Roku end of the 5th wave?Been watching roku for a while now its one of my favorite stocks to trade. I strongly believe that roku has hit the end of its 5th wave. what i want to happen is the ABC correction i have shown on my chart. its highly unlikely for that scenario, However with how the market has been lately anything can happen. More realistically though, we might have a pull back pretty soon which should be expected. The RSI is pretty much overbought and the price is way above the 20MA so it might be time for Roku to start consolidating before a push higher. If it does pull back I am seeing roku pullback toward the price range of $189-$194 before it reaches new all time highs. Let me know what you think or what i might have missed in the comments. good luck and remember to do your own research before making a trade do not go based off my analysis. by miguelsiquePublished 115
Update on Roku Short-term Swing trade from 178 to 210Just an update. Trade is doing well, following chart perfectly. Compare this to my last post. Ask me how to join the stock group! As the chart say, bought RENTAL shares at 178.25. Now that the stock is at 199 I would place a trailing stop to protect some of the gains. Still trusting the wave count, but still adding a stop would be smart.Longby shooter23jbPublished 335
Roku Short-term Swing trade from 178 to 210On Thursday, September 24, 2020 we informed our stock group to buy rental shares for a move from 178 to 210. We also have this as a core long-term hold, so this was just additional shares for a rental. Roku is off to a good start for this implied move as it's already at 186 from 178 . Next is 202 for wave 3, then a wave 4 pull back to about 195, then a new high to 210 for to complete 5 waves. We also caught the move from 150 to 199, but the past doesn't matter, what's next does.Longby shooter23jbUpdated 447