Clear cup and handle pattern on the daily Looking at the 430cs
The renewed fears of Covid-19 are supporting one of the streaming leaders Roku (NASDAQ: ROKU) again, which keeps the new bases for the second-quarter earnings' expectations remain strong. The stock is showing strength recently after violating the downward sloping trendline. The prices are currently attempting to confirm the formation of a potential bull flag...
Interesting risk and reward for both long puts and calls. Roku closed slightly under the 6 day ma. A break below the 8 day ma opens the door down to the 21 day ma which is approx. 10% drop; however, if ROKU closes above the 6 day ma then there is a gap at 454 which is approx. 10% move higher. Although there is no squeeze setup on the 78 min time frame, there is a...
Amazing run after breaking out of channel and pull back to channel too then run. Now heading towards 447-450 resistance zone. Quite a trade for us hope you followed and made some $$$.
ROKU 1D Long-term LONG/BULLISH - We had a retracement to the 0.5 of the Fibonacci Retracement ($272.47) and since than we kept going up, if we manage to find a strong resistance and fall back down and break the 0.5 our next retracement level is the 0.618-0.66 area (Approx. $215.00), is the current Retracement of the 0.5 is actually the correct Retracement our...
Getting Ready for a Swing? - Long on confirmed breakout of 352.60
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I have now achieved approx 13% of my 15% intended position. Radar displaying ROKU 78 min scanning so we have a shot next week for a 10% move to over shoot 407
ROKU bounced off of the 21day sma on the daily and using it as a support. This is a good entry to long into NFLX ER in anticipation of a positive earnings which will give ROKU some sympathy run. ROKU did the same thing when NFLX had a good ER run last Quarter 2021 I would grab weeklies which would be a lotto.
Hello again Guys! Here I'm coming with such an amazing chance. Here we see a wedge breakout + Divergence on RSI + Hitting a Fibo support, and then we are ready for the race with 3 main targets as shown in the chart. Keep following the comments for updates. Don't forget to follow me for more! Ciao!
February 16 - March 29 2021: this is the duration of the violent decline suffered by ROKU. In this period the company lost nearly 40% with the price hitting a high $ 486 and a low of 293 just in late March. Roku has 43 million active users and is present not only in America but also in Canada, England, Mexico, and Brazil. Technically it is considered the best...
- Trend Analysis - 📑Value: 0/20 📈Growth: 20/20 💰Profitability: 10/20 🚀Momentum: 20/20 💸Earnings: 16/20 🖇️Total Score: 66/100
ROKU long idea, waiting for pullback to daily demand to look for buys
Roku has been selling off on low volume the past few days. Should push higher if it can hold 332.
Roku is near closing deals to acquire Quibis Library, This news will easily push Roku to new ATH... currently in a nice falling wedge, watching for breakout and hold above 342.88, look for entry near 342 to retest that "breakout line" over that I'm seeing 375. levels annotated on the chart
Roku is ready for another bullish ride soon. Heading towards resistance.