ROKU on watchLike many growth name ROKU has sold off significantly. The NAS futures are looking weak Sunday night so this may gap down with many other tech names. If it does I'll be watching for a relief bounce out of the green zone. ROKU will completed three drives and be due for a rally. Longby WadeYendallUpdated 445
ROKU to test long term trend support?Greetings All, Please see my linked idea for the big picture. I'm simply illustrating the anticipated target on the daily chart. ROKU could reverse at (3) areas, the 50% retracement, 200MA, or the 61.8% retracement which coincides with long-term trend support. I anticipate a re-test of long-term support ($250). I also appreciate the nice $425 gap created on 23 Feb, because ROKU will close it some day. Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence. Shortby chiefwils0n4
$ROKU PT $260Markets look uncertain at the moment, and with the President speaking on the 31st could move things around a bit. This is a daily analysis of $ROKU, looking at the weekly & monthly charts gives a clear picture of what direction this could take. GLTA :)Shortby jrom_442
$ROKU - Possible Head & Shoulders- Although i don't like shorting US stocks , lots of the growth stocks are showing bearish 'head and shoulders' formations... - After the excessive runs, i wouldn't be surprised to see them pull back to more "decent" levels... -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. by Trader-Dan114
ROKU Stock 21/03/21 Analysis 4H ChartNASDAQ:ROKU - Trend Analysis - 📑Value: 0/20 📈Growth: 20/20 💰Profitability: 10/20 🚀Momentum: 18/20 💸Earnings: 16/20 🖇️Total Score: 68/100 Data: Volume 3.55M Average Volume (3 months) 4.53M Previous Close $341.95 Open $343.00 Shares Outstanding 111.08M Technicals: ( Simple Moving Average ) 10D SMA $354.28 (-1.91%) 50D SMA $406.65 (-14.54%) 200D SMA $252.30 (+37.74%) Market Cap $43.91B Total Debt $438.32M Cash $1.09B Enterprise Value $43.26B Revenue $1.78B Gross Profit $808.22M Net Income - EPS Diluted -$0.14 Free Cash Flow / Share $0.53Longby investor_kingsUpdated 221
Bearish divergence. Be carefulGreetings All, ROKU has experience tremendous price appreciation over the last couple of years. On the monthly charts, volume is decreasing while price is simultaneously moving higher. This is divergence - the bearish type. The shadows (candle wicks) of the previous two months indicate that bulls wanted to more upside, but the demand (i.e buyers) could not hold ROKU at that price point. The solid green trendline is a support, and ROKU may retrace to this trendline, which places the price point around $272, a 50% retracement from the ATH at $486.72. ROKU may even retrace to $221, which is near the bottom of the 2 year linear channel. The bollinger bands illustrate that ROKU will eventually return to mean (blue line), which is slightly below the 61.8% retracement level. The monthly swing chart indicate ROKU’s pivot is around the $250, slightly below the 50% retracement level. The decreasing volume is more pronounced in this chart. In the weekly chart, there is a head & shoulders pattern (bearish) at R1, and resistance at R2 is pronounced. You can also see the volume at those price points are eclipsed at S1 and S2, which serve as retracement targets. Thus, the targets are $250, $221, and $150 if we see a 78% retracement. On the daily chart, ROKU could return to the pivot at $419, or higher to close the gap at $437 and retest resistance at R1. Or, ROKU could complete the right shoulder of the H&S pattern, and fall to the $270 level, testing long-term trend support. I’m bullish on the company overall, but we may experience technical corrections on price in the coming weeks and months. Thus, my outlook is bearish within the next quarter (3 months) as a general timeframe. Happy Trading! Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence. Shortby chiefwils0n13
Update on Roku - hope below 400 happens"Almost impossible to be bullish enough on Roku." - Darian Harris, my stock partner. Buy dipsLongby shooter23jbUpdated 0
ROKU Long Call Double Bottom Confluence Roku Correction in line with double bottom long call options. trading idea invalid if break and close below $325Longby raidenfx222
growth stock bubble #2( target $360, $320 )Please note: I'm just sharing my view. its not a recommendation for buying or selling.Shortby MrMercatoUpdated 330
$ROKU going longCHART Long lower shadow Volume +70% buyers stepping in Falling wedge/ Horizontal support at 50% Fib Stoch oversold about to cross up RS Rating 96 FUNDAMENTALS EPS Rating 74 Group RS Rating 91 SMR Rating C ACC/Dis Rating D+ Composite Rating 90 Timeliness rating B Sponsorship Rating A Funds increasing (2 High quality) 1st Positive Annual expected EPS Last Qtr EPS +477% and Sales +58% Debt 7% Positive cash flow NOTE Moat = Streaming and connected devices Recently ARKK added on to positionLongby StockMaster_Flex0
ROKU - Head & Shoulders (bearish)It is looking like we are into a wave of nasty correction in the market with a number of stocks now looking bearish in the short term. Tread carefully! ROKU formed a Head & Shoulders and have broken below the neckline @ 379 today. Should there be a rally in the near term. we have to see if 379 has now become the resistence. Intermediate supports @ 340, 315 and finally 275 (Head and Shoulders target) Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)Shortby JuliacUpdated 333
ROKU Stock 05/03/21 Analysis 4H Chart- Trend Analysis - 📑Value: 0/20 📈Growth: 20/20 💰Profitability: 10/20 🚀Momentum: 20/20 💸Earnings: 16/20 🖇️Total Score: 66/100Longby investor_kings1
ROKUNothing imminent and just an idea I'd like to keep fresh else I forget. I do have alerts set up above 422.22 as well as volume alerts just so that I can move on it quickly without entering adv orders. Longby NoMythe1
Roku just penetrated the neck line!This is a classic example of a head and shoulder pattern, 14% decline in price could be the optimistic scenario for the next 2 wks! I believe it could go down further in a longer time frame!Shortby Moshkelgosha9914
ROKU Topping?Looks like yet another stock with a head and shoulders top. It hasn't broken yet so there's still time for JP to save us, but definitely looks nasty.Shortby mroberts12041
Short roku3 reasons -Stock offering -over valued tech currently with switch to reopening plays/cyclicals/inflation coming soon -huge bearing engulfing daily -Ark sold out most positions -volume breaking support -PT are 382-372 and could go to 360 Shortby Corbsterr331