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
Roku review for February. Lets see what March will bring. Hello traders A lot of my ideas of late have been Forex based so time to show how one stock I followed performed for me in February. The stock in question is Roku and I'm working the one hour time frame here. Only two trades last month a long and short. Both trades were a 1:4 risk to reward ratio. Once the trade has played out I simply wait for the next signal alert and go again if any present this month. The purpose of this idea is to show the adaptability of our strategy on different instruments. As with all my ideas back tested data can be found at the foot of this header. Back test data is based on 10 contracts per trade with a £1000 starting capital. The back test data is from Jan 2019 to now. Quick overview of the strategy in use. The strategy is a trend based strategy. The inner workings of the strategy are 5 individual strategies rolled into one . Trades are only valid when all 5 confluences line up. At this point the trade presents on the chart. Alerts can be set and the the strategy can also be automated. No excess time spent at the charts Adaptable strategy to suit your trading style. Works on any instrument and time frame. Want too know more? Sure drop me a message and feel free to ask any questions.by RichScott111
ROKU - BUY ZONE HERE, MAKE PROFIT NOWROKU - this is a good stock to have, and it's in a great buy right now. It is doing well, its actual stock value is around $ 478, but its current price is just $ 406. The company has good plans, good leadership, and investment funds are pouring in. Great signal at support on the chart.Longby nhatvinhbk12124
Potential Head and Shoulder ?Could this be setting itself up for head and shoulder on the daily ? Pattern is playing out, and looks very clear on the daily. Hence I am sure alot of folks are watching this closely. Now only time will tell if it plays out. Stay cautious. Let me know what you think.by prettyric3
Bullish On $Roku Roku is at trendline suport from major pullback last week. There is a gap to fill to the upside to 425, strong close on Friday. If support breaks downside targets are 450-445 Longby MikeeBuilds330
ROKU Can bounce here$ROKU - Currently holding at 55ema daily, also at pivot, seems to be forming H&S, if 395 holds then 424 & 450 are targets, downside 360, 336 & 317Longby SrjInfinity0
$ROKU to the moon!!$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a hidden bullish divergence forming ins the daily from jan 4 - feb 23, another thing $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc . Still waiting for price to find support on the daily, with the current selling pressure in the candle im not certain that $ROKU has found support, I much rather see a bounce of that 50 EMA or at that 395.22 price. On the DAILY the RSI & Stochastics are bearish however they are creeping into those oversold territories My profit target is 486, which is currently ATHs. but I believe $ROKU will soar past this. let me know what y'all think of this analysis please!!!!! be honest !!!Longby don_shula221
$ROKU BULLISH ASF$ROKU just beat earnings again, this company is growing at a rapid pace. $ROKU has a gap fill at the 425.52 - 433.33 levels, The Stochastic on the 4hr looks ready to cross which personally ill be using as an entry indicator, amongst other signals ofc. Still waiting for price to find support on the daily, with the current selling pressure in the candle im not certain that $ROKU has found support, I much rather see a bounce of that 50 EMA. on the DAILY I like the RSI & Stochastics are bearish however they are creeping into those oversold terror ties. ill be keeping a close eye on this. My profit target is 486, which is currently ATHs. let me know what y'all think of this analysis please!!!!! be honest !!!Longby don_shulaUpdated 111
Roku City Redux: in 3D - Once in a Blue Moonexponential price expansion on display - great quarter by Pennywick0
ROKU will peak around August 2021. Safe buy until then.Roku has room to grow until August 2021. Around that time be prepared to sell or short it.by kwp0
$ROKUEntry price : 456.91 Fundamentals : - Sector: Leisure - Streaming - EPS % Chg (Last Qtr): 141% - EPS % Chg (Previous Qtr): -340% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 73% - Sales % Chg (Previous Qtr): 42% - 3-Year Sales Growth Rate: 49% - Annual Pre -Tax Margin: -5.4%Longby paulopicaocapeloUpdated 2
ROKU - still strong and finding supportROKU dipped below a resistence-turned-support @ 443 briefly to test close to the 21 day moving average before closing as a pretty bullish pin bar on Wednesday. The stock has only retraced less than 50% of its recent AB swing up and has held well yesterday despite the overall market sell off. Expecting this stock to continue it's uptrend with possible near term target @ 518 (162% fib extension of the BC swing upwards) 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 ! :) Longby Juliac0
ROKU Long IDEAROKU long idea, waiting for pullback to daily demand to look for buysLongby FXtelepathUpdated 3
Roku Trade update and targetsIf you saw my last post and took my advice you definitely made some good profits. If anyone is in this trade, here are some of the moves that will signal more bullishness to come. The most important level for ROKU to break right now is the 61.8 fib extension level. Currently it's above that level but I want to see two closes above the level for extra conformation. If it can hold this level it should have no difficulty breaching the 500 level. Good luckLongby NewtonsTradesUpdated 227
what an interesting setup into its earningtrading earning is a gambling activity; risk management through options help minimize the loss.by KhanhC.Hoang0
ROKU PennantROKU is consolidating right on the 20EMA in a nice bull flag. Technicals look good, could be a good day trade tomorrow as a run up into earnings if we see a nice gap upwards. However, ROKU is still unbelievably overvalued so some news from the earnings could bring the stock down closer to its fair value. by Samirp01222
ROKU Ready for BreakoutInterested in ROKU calls/puts upon the breakout of resistance/support and increase in volume. I will personally just scalp it. *The idea above is my own opinion and does not serve as any kind of investment advice. Please do your own due diligence.* by CodrinTrades0
ROKU - Buy after the bounce and earnings?Roku currently testing the upper trendline of the daily stochastic and channel resistance. Likely retest of the 26 daily MA coming into earnings. Possibly a good buying opportunity.Longby johndustinsloan0