Roku next support in the $105-$110 range and $65-$75 range after that. Load up on those puts.
ROKU has broke below the long term uptrend and is now rejecting this level. Looking pretty bearish: 50 MA has been acting as resistance MACD bearish cross on the daily Lower highs since end of November First target is 120 Second potential target is 112 area Buy Back Area is 100 psychological region and major support Earnings report is coming on Feb 13th keep...
ROKU has multiple gaps to fill down, was downgraded from Morgan Stanley today, and is overbought. Morgan Stanley downgraded price target to $110. Average Analyst Price Target - $124.93 Current price is $137+ www.marketbeat.com We need to see ROKU break the white trendline to confirm the lower gaps may get filled. Price may bounce off the white line back up,...
Seeing ROKU have a little retracement up made me recheck the chart. As we see, ROKU forming a Bear Flag on the 1HR. Price is very close to breaking 10WeekMA. Downtrend should continue once this occurs. RSI breakdown trendline coincides with Dec. 5th, same as ROKU Bear Flag breakdown point. RSI should not get over 70 - or consider exiting bearish Puts/Shorts....
I think in the next Days/weeks will have correction on ROKU , it will go first to around 165$ and then start to go down. This is my first Short signal :) lets see what will happen . Targets : 153$ , 138$ Stoploss closing a daily candel above 169$ Good luck)).
Roku is slowly becoming one of my favorite stocks to trade, There's more action than a Schwarzenegger movie. OK ok enough with the bad movie jokes, lol. I have used all my trusty indicators, price action techniques everything short of a crystal ball and arrived at this conclusion... I hope it helps you guys/gals (I'm not a sexist please don't go through all my...