Roku, Inc

ROKU NASDAQ

PaperGains

You don't need to be a candlestick expert to know how to trade them. It doesn't matter if you know the difference between a doji and a spinning or a star and abandoned baby. They all have one thing in common, the next candle needs to open clear above/below the prior. Over precision is not a traders friend. ROKU +50% in ~45 days from this exact price twice...

Xclusive-Trading

Hopefully you find the chart helpful in terms of Supports & Resistance etc. we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice. Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.

josiason17420

Just posting a quick update as ROKU is still looking very interesting here- Double top played out as expected- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge ( bullish ) - RSI in...

HeWhoMustNotBeNamed

My top 10 buythedip picks: TSLA - 697 ROKU - 367 SQ - 234 Z - 153 BIDU - 266 PYPL - 249 SNAP - 57 FLGT - 104 REGI - 85 FCEL - 17.3 These are considered based on following criteria: Was in clear uptrend before pullback Had deep pullbacks from ATH, yet support level is not broken. Has bounced off a bit from bottom - support level Still lot of room to...

shooter23jb

wave 5 target above 700. Here we have the wave 2 of 5 pullback, should bounce off the .786 at $315 . thesmartcents

aharger3

Roku is being oversold as the rsi has dipped below 30 for the seccond time within the last month. The stock has recently crosses below the 200 ema, but is still above the 50. Roku hasn't been in a bearish trend since the start of the pandemic, and I don't see why that should start now. Eying roku 325c exp oct 22 with the intent of holding less then 1 week. I will...

rbswingtrader

I think we may have bottomed out here and should see some upside. I am not very sure yet that the overall correction of this Wave 2 is over yet though. Need to see the price action and there might be an oppty to open a long here.

PaperGains

Remember this level?? Very nice hammer on the daily chart today. Had you bought at today's closing price you would have had 2x 50%+ gains this year. Hat trick incoming??

iamdeepak

NASDAQ:ROKU Daily -> I think is looking for downside. Broke ascending triangle, then consolidated for 5 days and market weakness helped break the 5 day tight support. Weekly -> Broke 50MA on weekly, not looking good.

josiason17420

ROKU looking very interesting here- Double top played out as expected, however, ROKU held the longer-term uptrend quite nicely- will be watching closely for a breakout here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Falling wedge (bullish)...

Trade2Double

I love to trade $ROKU. It was an awesome instrument for me to trade so far. Doing my weekly overview of the market and just saw that $ROKU just made it to my list of candidates to short. Double top, the stock is lacking momentum to go up, trend line breakdown with bearish candlestick formation right before that. I think that the bullish case for this stock is...

StonksSociety

Needs to bounce in the $318-325 range or else ROKU could be in trouble. Extremely critical area for the stock with multiple support confluences (bullish trend line support + Fibonacci box retracement). Also important to note that the 200 Daily SMA is about to intersect with and test the 100 Daily SMA. (this isn't shown in my chart) If we see the 100 cross below...

Fr33zerPop

Roku looks pretty weak, and I wouldn't be surprised to see it climb up to 353 only to take another downturn. The extending purple fib line is my trigger that the down move is finished.

08:02

ThirtyninethParallelInvestment

Here is what stocks we are watching for this week! NASDAQ:MRNA Looking for a $420 breakout with targets of $425 and $430 NYSE:NIO Nice bullflag showing here, looking for a break over $41 with targets of $42 and $43 NASDAQ:ROKU Currently sitting a major trend resistance, we are looking for a move over $346 with targets of $348, $350 and $352

nfforva

$ROKU - Holding at major trend line, MACD cross over, watch if bounce, expecting 400 next week

WadeYendall

I like the price action so far. It has been trying to make a run for a week here and getting rejected in the 365/366 area. If it can final push through and break 368 this could take off. Need to give it some space so size accordingly. Like it above the green box. first target would be 375.

SallOxy

ROKU 1D Long-term LONG/BULLISH - We had a retracement to the 0.5 of the Fibonacci Retracement ($272.47) and since than we kept going up, if we manage to find a strong resistance and fall back down and break the 0.5 our next retracement level is the 0.618-0.66 area (Approx. $215.00), is the current Retracement of the 0.5 is actually the correct Retracement our...

SptraderMIA

Roku - daily close above 320 and it should go to 330