ROKU has recorded an impressive volume surge of 52% from 7.7M to 11.7M conveying that buyers are back in the accumulation / positioning mode -- aided by the New Ad Partnership With Shopify.
The stock has taken quite a beating on its value over the years after hitting a peak of 487 on 2021. That is about to change now as recent metrics / data is hinting of an...
There's still plenty of room for ROKU to move - but to spot this initial takeoff, we need to track movement on lower time frames to see what is being respected. For a long term play however, a pickup by purple can be a good entry
Happy Trading :)
- TraderDaddyOG
If we see an activation of purple here and a hold of teal tapered selling we could be in for the beginning of a nice move.
Happy Trading :)
- TraderDaddyOG
If we see an activation of purple here and a hold of teal tapered selling we could be in for the beginning of a nice move.
Happy Trading :)
- TraderDaddyOG
Put aside the tapering and my strategy and algorithms altogether - If I only traded supply and demand and support and resistance levels - this would be a level I would buy! Obviously we have to be more specific than just '"buy" and that's where what I do comes very much in handy in determining WHEN to buy!
In this case, since we already profited and are still...
Maybe.
Chart has most of the info marked so there isn't much to say.
Sharp drop if the support trend breaks down.
Rejection trend is trading up.
Seems like it might be time to get some bigger movement on this stock.
Price can go up on a breakout pretty high, but also, careful above around 120.
Good luck!!
Don't under estimate the power of an imminent NASDAQ:ROKU Rally as it displays a series of Higher Lows and Higher Highs.
Price action on the monthly chart indicates that this stock wants to move higher.
With the impending breakout of the monthly CCI into positive momentum territory, you will want to enter large before this breakout occurs. Once price moves...
ROKU is here on a 15 minute chart. An anchored VWAP breakout from the lowermost bands
three days prior to earnings suggests to me a long trade through the earnings. The target
is on the chart as the recent high pivots and mean VWAP line. This is a swing trade of about
4-5 days expectant for a 6% gain and perhaps more with a call option trade to supplement
the shares.
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...
4/25/24 - vrockstar - 2x sales, scaling on the opex line and 5 days to cover keeps me from wanting to short this esp after last quarter's result. but the setup looks more +ve than -ve here. the second order problem is a miss sense this into the abyss that's hard to dip buy and you're best to take losses - i don't like that sort of setup. so plan here is to chase a...
If you haven`t sold the Double Top on ROKU:
Then analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week,
I would consider purchasing the 60usd strike price in the money Calls with
an expiration date of 2024-12-20,
for a premium of approximately $14.45.
If these options prove to be profitable prior to the earnings...
Roku Inc.( NASDAQ:ROKU ), the leading streaming platform, finds itself embroiled in a cybersecurity crisis yet again as it discloses its second major security breach of the year, exposing the personal information of a staggering 576,000 users. This alarming revelation has sent shockwaves through the company and its customer base, underscoring the urgent need for...
Should find support right around here. If not, I'll probably average down but I'll update this idea if/when that happens. Would consider selling some shares (maybe half of my position) around the 200-mo. EMA, which is also currently close to the top of the channel. Plan on buying those shares back near the bottom of the channel but want to keep some shares...
ROKU on a daily chart is sitting on support in consolidation since the trend down after the
last earnings report. In three weeks there will be another report. The prior report showed
negative earnings but it did beat the estimates while revenues were a mild surprise. I expect
ROKU has done some belt trimming to try to get expenses decreased while growing...
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.
