ROKU to $85 - positive developments for the company fundamentally. Targeting the gap fill. Idea would be invalidated on a daily close below $72
Roku Inc. (NASDAQ: NASDAQ:ROKU ) experienced a significant boost in its stock price, jumping 11.78% in Friday's trading session. This surge followed an upgrade from Guggenheim Securities, which raised its rating on the stock from "Neutral" to "Buy" and set a new price target of $75. This upgrade has sparked renewed interest in Roku, a company that has been at the...
Hi Guys. So i am always on the lookout for Macro trend setups, signs and opportunities. I believe ROKU is potentially in a position to take a nice swing. This analysis is on 1 day. Notice we have reached a Sloping Support trendline from December 2022. We've had 2 touches previous that resulted in bounces. Trendline theory states trendlines can stay intact for...
NASDAQ:ROKU has lost support at the yellow trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
NASDAQ:ROKU has lost support at the light blue trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
Roku now at 64.75 Good price to invest few Accumulate after crossing 72 Hold for 6 to 8 months for target of 135 FYI, am holding few at 73, today i again accumulated at 65 Less risk, more Reward Keep stop at your own comfort.
We see that NASDAQ:ROKU has started to bottom after earnings. The yellow circles below show that when the RSI has bottomed price has then risen. We also have a gap to fill after earnings and we are right on the trend line up. I like shares down here along with some cash covered puts at about the $60 strike,
Roku Inc. (ROKU) shares spiked by more than 30% today after the streaming device and TV maker reported earnings results well ahead of analyst predictions for the third quarter alongside strong subscriber growth. For the third quarter, Roku achieved an all-time high of 75.8 million active accounts, a net increase of 16% compared with the prior-year quarter. This...
This trade is a bullish-long term trade ROKU has been going down since the pandemia. However, when you analyze in terms of fundamental and technical analysis, it is a good stock to have in your portfolio because the chance that has to go up! ROKU has a lot of value in MOATs. ENTRANCE= at or above 74.78 Afther we enter, it can go to 115 in a couple of...
ROKU Going long Idea RoKU bounced well from weekly strong support and then got rejected weekly resistance area and once again bouncing from weekly support area it can be good trade if followed th pattern. EP: 64.67 SL: 52.91 TP: 77.32 RRR:1.08
Buy Roku low and sell it high. Roku is presently sitting at the near bottom of the recent volume profile and above the POC line for support. On the 15-minute chart, levels are marked out for a stop loss and a three-tiered take profit. This will be about a 15% upside depending on the proportions of the take-profits.
Stop loss $0 take profit $453.92 ROKU monthly despair phase of bubble cycle
If you haven`t shorted the Double Top Bearish Chart Pattern: or the Q2 earnings: then you should know that looking at the ROKU Inc options chain, i would buy the $50 strike price Puts with 2022-11-4 expiration date for about $3.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read...
There is a wolfe wave setup on the 78 min time frame (ah=on) . The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is approx 75 which is expected to reach this price target before Sept 16. Projected targets are...
$ROKU destroyed in AH Trading after Earnings Report Hight Likely to visit POC Volume profile at $40
On June 15, Roku triggered a BUY entry using the wolfe wave daily setup. This wolfe wave setup has two major moving averages that are potential targets 21 day ma and 50 day ma. In addition, ROKU is squeezing on the daily time frame. So if the markets open Tuesday green, then ROKU has a shot of moving approx 11%. If the squeeze triggers long and the momentum...
Weekly Timeframe: Strong Hidden Bullish Divergence "Batman" Pattern Major volume spike at $100 bottom, aligning with previous support areas Daily Timeframe: Broke out of a Falling Wedge Bounced at an RSI-based supply zone Formed Bull Flag just under supply zone and volume shelf 65m Timeframe: Bull Flag under supply zone Rejected Trendline...