Bullish breakout with volume shall be a good buy signal however market still bearish and caution is required. so as of now its long call play but with high protection using long put or short to cover . the gate is to close above 110 then target will be 136 then if market is good enough , may we see new bull wave with target near by by 225. also possible scenario...
Roku Wave 5 has developed on the 78-minute time frame and the trigger candle has formed. This wolfe wave setup has currently captured >25% move and has potential to move towards the Premarket Gap at 109.
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...
This is an alternate count which I have to admit has some minor issues. But overall there is no degree violation that I can see. Time will tell, but this looks ridiculously bullish.
big rip off here with this company ...making money on adverts?? ok 80$ stock Maybe .. sorry for u folks that got sucked in ...who ever told you about this .? Stay away from!!!
Classic inverted H&S on ROKU, Waiting for a break of the neckline for a confirmation. FOMC tomorrow, so market might be choppy, be careful!
Possible bullish cross on the go after earnings. Swing #34 Will go long > 106.16 ..... targets 113 / 121 / 136 / 141 / 167 Will short it < 89.45 ..... targets 85 / New Lows following EMA 21 and 50
might be one of the only buys i see in the market these days, lots of value here potentially
roku breaking past local trend resistance with heavy buy volume! short term price targets are 99.27-106.99-114.71
Earnings week for ROKU and I am expecting a downward move after misses of projections.
$ROKU has earnings coming up on the 28th I believe and is in a text book "double top" pattern. I got price targets of $93.45, $87.83 and $81.90. It's crossed over the neck line @ $99.64 on the daily. A daily candle closed under $99.64 would probably be the safest entry but I'm already in 4/29 $80 P and 4/29 $75 P. Generally speaking Roku usually follows $NFLX....
Roku maybe after ER will finally go down towards that 70 target?? I'd be interested in playing the puts to the downside on this name after what I saw happen to NFLX. Weekly looks like it wants continued downside.
Of course it was! The Double Top is one of the most obvious chart patters you can find: And i think it might go just where it all started: at the Covid lockdown level of $59. I know that today ARK bought around 400K shares, but i think they are wrong, ROKU hasn`t bottomed yet! Looking forward to read your opinion about it.
Look for a drop to around 104 (102-107 range = bounce zone) to start next week, followed by a pre-earnings run to 130s, then earnings pop/continuation to low 160s. After that it will be time to get short for a drop back to 120s-130s (will revisit and adjust for precise levels along the way and send updates). Logic : - My model for overall market (in sync with...
I love this setup of $ROKU. It had very tough time but I believe its ready to go green the next couple of weeks. Let’s watch it!
Roku looking pretty good here. Been massively beaten down and due for a correction. Reverse H&S and indicators are looking pretty good. I think it could fall a tiny bit more before it pops but if you zoom out to pre-COVID (the thin green lines on my chart) you'll see it has reverted to that channel / mean and actually just dipped below it a bit, so barring...