ROKU gaining momentumROKU had a strong day today, looking for continuation tomorrow. Morning star pattern is a reliable reversal pattern. If ROKU can break above $364.77 with momentum it's lights out. Let's see if the market can string together a few decent days. Longby chaseflores10Updated 0
Roku x Inverse H&S Simple Charts: Price Action & Candlestick Psychology - We've seen 1 market cycle with ROKU, and now we should see another one as football season is approaching in September, more viewers will be watching TV and other entertainment as the fall approaches and the weather gets colder - Huge Inverse H&S on the Daily Chart Fundamentals have only increased year after year - ROKU INC - ANNOUNCED ITS LINEAR LINEUP HAS EXPANDED TO MORE THAN 200 CHANNELS, WITH A TOTAL OF 17 ALL-NEW CHANNELS LAUNCHING THIS WEEK ON ROKU CHANNEL Target - $700 by the EoYLongby Thuja_Wealth_Builders2
ROKU Back on watchI was stopped out of ROKU last week after it could not find a base. Price looking like it would like to bounce again. My bias is long but one could play it long or short on a break from the tan box. To the upside the targets would be last weeks high and then fibs if it continues. To the downside the green box would be the target zone. The tan box could be used as risk depending on size used. Longby WadeYendallUpdated 7
ROKU Trend Reversal incomingTicker: ROKU Notes: Roku has been trending in this downward channel and finally bounced off of this Daily demand and broke out of that downard trendline. We just need confirmation on this breakout and be patient with it. We don't want to catch a falling knife. Key Level: Crossover above 200SMA (362.64) could be a good reversal entry for a target of 370 then 385.Longby Ross-Santos5
ROKUWatching ROKU here at this level, if it can close at or above 356 support it should test 366 soon Longby ChaseMColvin224
Bullish- Looking for a breakoutROKU looking very interesting here- Double top played out as expected, however, ROKU held the longer-term uptrend quite nicely- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge (bullish) on shorter timeframes, Bollinger bands also squeezing (See Chart Below) - Doji reversal right on the 200-day EMA - RSI in oversold territory - Buyer volume increasing relative to seller volume - MACD cross looks to be imminent PT1- $354.43 PT2- $357.50 PT3- $366.55 Longby jacobosiason7Updated 226
Roku: Trend Change LookoutRoku has touched the crucial $340 support zone and seeing a trend change to upside with an inverse hammer followed by a green candle. Selling pressure is slowing down as well. In technical short term, potential upside from $340 to $370/380. Also Roku has just rebounded above swap at $345.58. With a good momentum, could see a nice push upside rebound with RSI rebounded above 30. by yflaw10182
Roku DailyMy last Roku analysis had a slight bounce (but yielded nearly 1k% w/ weeklies) but had no follow through and eventually died... given that tomorrow is monday (high chance of a pump) Roku is worth watching, especially w/ a massive falling wedge w/ RSI being oversold (level not seen since May) and it is sitting on a volume node. Gluck! Longby SongWins0
Roku Long Term Wave theoryA look at the macro level of ROKU and where it could be going in the Intermediate termby btwice531900
Roku - wave theory - next impulse to 390Roku - wave theory - next impulse to 390 - Looks to be bottoming and I think the next impulse will take ROKU to 390. Could be this weekby btwice531900
ROKU GO LONG Price after forming double top formation retrace back 32% form green candel near trendline! For entry and targets mention in chartLongby UsamaBinSaeed0
Long $Roku ($QQQ $SPY)Holding near Major Upward trendline Holding near 100 SMA First Target 376$ Stop loss : 338$ Longby alphainvestorsignals0
ROKU LongAbove demand fib set up. First target supply zone , Second target fib extensionLongby rTrader3390
Watching for the ascending triangle on ROKU Weekly candles have formed an Ascending Triangle on ROKU, breakout price target of $800 Possible for ROKU! Looking for a bounce off this support level at 350!Longby Trader_Kev331
$ROKU close to 50 MA on weeklySeems like it is holding up so far. If this level breaks can see 327, 300, 290Longby dragonboys1
ROKU ReversalBounced off of long term trendline support. Backtested short term downtrend. RSI curling upwards. Strong fundementals and a headfake downgrade by the experts. All positives.Longby erat74982
Some upside but will stay in correctionWe are going to go back above $400 and then drop again. If i see market green, might go long for next few days. But careful as Wave B is choppy and can retrace anywhere between 38% to 61%.Longby rbswingtrader4
Roku looks resdy to moveFalling wedge. Rsi oversold. Looks to have bounced at 200 ma. Another possible swing set up. This is a good long term company as well. 325 can be a good entry for long term and a safer entry but now may also present itself as a good possibility. Pt 1: 380 Pt 2: 400 by AngD1899333
Quick analysis on ROKU. My very first StreamGreetings All, This is my first (and likely last) video analyzing a stock. I simply wanted to test the efficacy and efficiency of video streams. BLUF: ROKU is bullish toward a $400 retest, but bearish overall. Happy Trading!09:40by chiefwils0nUpdated 141415
$ROKU - About to hit 233 EMA dailyROKU - About to hit daily demand zone, 233 EMA, RSI at 30, expecting some reversal soonLongby SrjInfinity4
ROKU Cup & Handle - Is Now The Time?I'm expecting bullish momentum this week. Pros: - Potential bounce off the 200MA - Great ER - Bullish Divergence forming on the hourly chart Cons: - Potential "Double Top" pattern - Strong Bearish Weekly and Monthly candles - Handle is extending more than 50% of the cup. This may break your rule regarding this pattern. A bullish bounce, if strong enough, could carry ROKU to $400 within 2 weeks. I'm swinging $400 8/27 Calls. I entered on 8/13 at 3:59pm lol by PerCent_Investments4