$ROKUElliot wave, currently in a wave 3 within a wave 5 of a primary 3 count. Once primary wave 3 is complete, looking for a wave 4 range $220-260 before moving higher to equal leg of primary wave 1 around $360. I’m experimenting with the trend based fib time tool with the expectation that wave 4 may end between late March to May 2021. Longby UnknownUnicorn101898700
ROKU City - in 3D - partly sunny with scattered showersprice bounced back to the channel midline after a dip - awaiting more information.by Pennywick223
Last EffortThis chart speaks the loudest and is the most clear for predicting the future of Rokus movement. Look at the last 5 candles. The candles body for candle 5 4 and 3 get smaller and smaller as it moves up. Then we have a bear candle for candle number 2. This candle triggered a sell signal on the daily. Sell signals do not appear on the daily candle often. Now, if you look at the last candle, todays candle, it has a really small body and a large bear wick. Based on this low hanging bear wick and a bear candle before it, we can expect the next candle to be a bear candle. Possibly larger than the previous. So based on this chart alone, this is why I have made my decision to continue holding my position. Shortby Myantman101Updated 27277
Short a RokuWhat is a Roku? Some sort of feral animal that has gotten out of control. I don't know about you, but that divergence in volume and accumulation/distribution sure looks like most people don't want to baghold Rokus and are releasing more of them back into the wild as their price goes up. The Danish government slaughtered millions of minks and minks are cool and have a clear purpose for warm coats. Rokus don't. Why have a Roku if you can have a Netflix and a Disney+ on your laptop? Short the Rokus.Shortby horacejuniorUpdated 554
Long #Roku into 294.12Looking at a long into the 294.12 price resistance. Upper trend line is current support above 273.48 If we drop off that support, id watch 255.11, or the top of the paralell channel outlined. Id stop out below 255.11 and wait for a new entry on the bounce, or back down the the bottom of the paralell channelLongby TradingNomadic1
new target for roku!Setting orders on long side for Roku 315 target for 11-dec (or before, but opening calls for this date) SL on 280s as markedLongby jasperpf1
It will rise to 281.17 Triangle pattern I expect that price rise to 281.17Longby Airbus_A330Updated 555
Roku growth over last 18 months!Evening traders Ive been using a follow trend based strategy for the last six months mainly for Forex trading. This strategy script works with Forex pairs, indices, stocks and crypto. It's not until recently I've discovered the potential for using this script on stocks for potentially building long term stock portfolios via following the trend based script. Another great example to my earlier Tesla idea and review is this Roku stock growth via following the the stock on the one week time frame. As you will see the strategy presented a 'buy' signal in March 2019 and Roku stock has since gone on to grow by 300% For any further information on the strategy I'm using please feel free to message me.Longby RichScott0
Triangle pattern Triangle pattern I expect that price rise to 297 maybe there will be a pullback before risingLongby Airbus_A3301
ROKU Revenue and price growth extrapolationA simple extrapolation of revenue and price growth sees ROKU shares exceeding $240 about a year from now.Longby Skipper86Updated 332
ROKU Retrace downDivergence spotted on RSI indicator. Reversal signal #1. Morning Star candlestick / inverted hammer at top of uptrend. Reversal signal #2 Overbought on RSI. Reversal signal #3. I'd like to see how it reacts at the level below.Shortby DereckthecoldestUpdated 332
Daily Candlestick PredictionHere is my daily candlestick prediction for ROKU. Using the measuring tool, the bear wick is bigger than the bull wick and with previous charts supporting the stock to decline ( linked ) I am confident in this daily candle prediction. Shortby Myantman1012
$265 A Share Before ThanksgivingExpect ROKU to hit $265 a share before Thanksgiving since it has fallen below support on the 15min chart. Currently during the last hour of trading a new resistance will be tested but I believe it will fail and we are in the start of a bear cycle. I have it hitting $265 tomorrow and that is a conservative number. Could go lower, tomorrow I will decide if I sell out or hold another week. I would like to see it fall below support on a higher scale. This is a great start though and could continue for quite some time. Comment your thoughts below, should I hold past Thanksgiving? Or should I take a small profit and run? I respond to every users comment and love hearing from you guys so don't be shy. Also smash the like button if you are a ROKU short. Shortby Myantman101666
$30 Correction PossibleA lot of popularity around ROKU, the stock has been on a bull run for quite some time. Having an RSI over 70 for such a long period of time, and sell signals are popping up like crazy. The last 45min segment of todays trading period can be the start of a correction. A downward bear crawl to $246 in a very short period of time. A $30 correction has happened in the past and can happen again. With growing bearish divergence and weakening buying strength, we can expect a correction to happen soon. Comment your thoughts below if you are a ROKU bull or bear and what your prediction is. Would love to hear from all of you! Shortby Myantman101882
Roku looking amazing and reaping nice rewards since last postLast weeks post we came long at 259, so at 275 we got some nice profit taking! Look at volume (decreasing) and gap up. right now looks like a good place to take profits and wait for new confirmation of upward movement going long above >277Longby jasperpf2
Short Of The YearRoku is positioned to be my short of the year. With the Bollinger bands giving a double sell signal, Divergence+ giving a triple sell signal, and a RSI that has sat above 70 for a record amount of time this month. We are positioned for a very strong sell off. Roku is simply overbought and the bears are getting stronger and about to have full control of this stock. The red shadow above the recent candles shows divergence. The best indicator to look at is the MACD at the bottom of my chart. Paths have crossed at the top and will fall as the bullish volume bars are declining rapidly. If you look at the difference in price indicator, ( a script I created ) you can see that the price change per candle on the 45min has become less volatile. Expect to see some spikes like on the 9th except these spikes will be downward price movement. My strategy is to buy ROKU within the first 30min of the open. It could jump in price with Monday Morning Market euphoria, and begin to trickle down from there. I have a target price of $247 and I believe that can be reached before the end of the month. I plan on purchasing 25 contracts with a strike price of $250 expiring 11/27. Looking to make my biggest options return of the year. Apple still holds my record for this year at a $6k profit but I see potential to make $10k+ with Roku. Follow to watch the big win, or loss. Comment your thoughts below! Shortby Myantman101Updated 272717