ROKU on the 15- minute chart with an overlaid volume profile and anchored VWAP bands demonstrates a high volume area breakout on Tuesday last week having passed through the entire high volume area bottom to top the previous 24 hours. On those days it had a burst of volume. The volume is constant and consistent. Earnings are in two days. More volume spiking...
Inverted HS ready to break out the triangle. Be aware of earnings call on 02/15. I don't have any position here bc I'm already loaded with others trades but I might close out one of the losers to jump in on this one. Looks good.
ROKU has been downtrending in a retracement of the uptrend from late May to mid June. On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers prefer to buy in either the under valued zone or the lower portions of the fair...
ROKU trended up paradoxically from less than a fairly weak earnings report about November 1 '23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a retracement. Price is now forming a head and shoulders pattern having found that support. It is above the POC line on the evolving POC and high volume area. Based on the...
Since the 100/200sma crossover in summer, ROKU has steadily increased. Elliott Wave shows it beginning wave 5 and resistance is $140ish, so I'm bullish to $130, where I will sell half of my position and trail half to the $140 target. Cheers!
Bull flag on 5m., 15m., 1H., 2H., earnings tomorrow we broke the level which are trying to break last 2 months. I buy some calls., next level to sell some stocks 100
Streaming TV software and hardware provider Roku Inc. could become one of the primary beneficiaries of the mass abandonment of cable television users. The company has several advantages over its competitors, offering video streaming services. By the end of 2022, only 65.1 million US households continued to have traditional cable television , a decrease of 9.0%...
NASDAQ:ROKU : Looking for 1-3 reaction off daily order block, which respects current downward trendline, if it goes 1-3-2 that will also RE-trigger 2-2 1m. Set up presents itself whether you're using ICT or theStrat those are always the best plays high quality plays when used together
Wall Street has backed away from today's tag along bid in ROKU stock following a buoyant Netflix (NFLX) earnings related price spike in shares. But Roku's broadening pattern / uptrend on the weekly has signaled a candle low in shares with a neutralized and hairs breadth stochastics cross over also looking supportive. With earnings about three weeks out, and...
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Roku, Inc. is an American public company founded in 2002. It produces streaming devices and smart TVs, licenses its technology to other companies, and operates an advertising business on its streaming network. Roku leads streaming TV distribution in the U.S., and reports 70 million viewers globally as of 2023.
A few reasons to go long: 1. we just hit the 50% retrace at $82 2. we are completing a descending wedge (likely to break up) 3. there is a gap at $143 that aligns well with the 1.618 extension
Thank you as always for watching my analysis. May God bless you. I hope you learned something educational on this post!
I'm shorting this, apparently is a bearish flag forming. You can buy puts too, give them some time like 2 weeks at least.
going long in this area, weekly chart is retesting off of the 10sma 78min chart is right at the 200sma
Channel trade here.. Weekly candle rejected off channel last week with volume.. Closed below daily 21ema Looking for a pullback to 81 gap close. 1st target 88$ 2nd target 81 gap close Entry - below 95 Stop loss - close above 21ema
Roku has entered a solid G/G trend after earnings. Prices consolidated between 11/3 and 11/13, before breaking out. Prices are not consolidating again into a shallow bull flag. I am looking for a breakout of Friday's bar for continuation Title Minor Low Buy Trade...