Rounding bottom here on monthly If we can get a couple closes over $85 we should make our next leg up into 100 area, base there, then go for 120, base there and then go for 150. This is now in an 80/100/120 pattern where we Hit 80 pullback hit 100 pullback hit 120
Roku: holding support around 80. It could be in impulsive wave 2 of wave III (the strongest wave). (LIS) is at $60, a breach of which would invalidate this count. If the support levels remain intact, Roku might experience a robust rally leading up to the end of the year.
we are currently at a very strong RSI/trend resistance zone, rejection here and break of 90.46 leads to dip back to 72-79 levels and trend support.. boost and follow for more! thanks 💚
Like many growth stocks, Roku pulled back sharply in 2022. But now after a year of consolidation, the streaming-video company may be trying to recover. The first pattern on today’s chart is the bullish gap on July 28 after quarterly results beat estimates. Second, ROKU pulled back to form a base around $76 after the rally. That was near the peaks of mid-June...
On Friday ROKU reached EMA 50 and we got a reversal from there like previous times , despite SPY and market direction it just kept going up . we could see more movement to the upside
Roku - 30d expiry - We look to Buy at 75.11 (stop at 69.11) The sequence for trading is higher highs and lows. The trend of higher lows is located at 74.50. Previous resistance at 75 now becomes support. We look to buy dips. This stock has seen good sales growth. Expect trading to remain mixed and volatile. Our profit targets will be 90.11 and 93.11...
I have entered a put position on ROKU among others as this macro reversal hits poorly performing (financially) tech stocks the hardest
New Bearish Alert after a failed bullish Setup. This time there is a double bottom to give the possible signal for a stronger downward trend. Gap left open at about $70
Roku price action is not the easiest to count. The uptrend since May is wonky but clearly an impulse. It is possible that this uptrend has been a B wave and new lows are yet to come, but, for that need to see price breaking below key support levels, $68, $58 and most importantly, $50. For now, price is bouncing off key fib retracement target, so still staying with...
Roku's stock price has been on an upward trend recently. However, it is unclear whether this trend will continue, as the company's financial performance has been lackluster. The Consumer Price Index (CPI) report, which will be released later this week, could have a significant impact on the stock price. Only time will tell whether Roku will continue to rise or if...
Roku is a good short here fora. target of 75 and a SL of 88.5
Above 92 RoKu will Reach 97 . Posible to reach 100 but 97 is more Realistic to Take Profit Stop Loss is 87 is 50/50 Trade Do not Overleverage !! NASDAQ:ROKU
Considering the formation of the expanding triangle as a distinct guide for us.. We are waiting for the last bearish leg to reach the areas of $45, $42, and from there we expect good and excellent correction areas... All of the above fails upon the breach of $62.
Potential IH&S on ROKU weekly. Trigger over 71.5. Targets 100, 114, and 140. Stop @ 65.
If you haven`t sold ROKU`s double top: Or bought the dip here: Then analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week, I would consider purchasing the 75usd strike price puts with an expiration date of 2023-8-25, for a premium of approximately $7.45. If these options prove to be profitable prior to the earnings...
My favorite pattern, two ascending triangles, and nonetheless coming off lows from a massive peak. Expecting ROKU to double in 30 days
After the quick rise to over $74, ROKU dropped to mid-60s and formed bear flag. Recent break and re-test fail shows legs. Potential to go sub $60 if pattern plays out.