ROKU MAY GO LOWER TO 245NASDAQ:ROKU ROKU May go to $$245 its a good entry. Has a major support at $271. If rebound from $271 we need to wait for buying zone 1. Longby mkadhim85Updated 10
ROKU upside targets + trade planROKU upside targets 4h timeframe. Above 260 fib can easily run to 310, where I'd expect it to come back down to 260 for a gift entry.Longby ProbablyNotLuxAlgo0
ROKU Beautiful Breakout (ABCD Pattern)This morning ROKU gapped up at open above 221 resistance and rejected 239 resistance, but shortly after continued in an uptrend, forming a textbook ABCD Pattern. If you bought at the dip (Point C) or shortly after the price broke above 239 resistance, you got some nice profits and were able to ride all the way to Point D if you sold at or above 252 Resistance. Although ROKU continue to move upward towards 260 by EOD, my initial price target was 252 resistance and it was a beautiful trade. Support and Resistance levels with a basic understanding of chart patterns is all I need, it isn't necessary to make things overcomplicated, keep it simple :) Longby ChaseMColvin3
ROKU BULLISH LONG TRIMNASDAQ:ROKU ROKU We may see it rebound to 302-364 . Stop loss 216 . up to 3MonthsLongby mkadhim853
ROKU going for the big swingTodays price action confirmed the reversal from bottom. It closed near intraday high. As long as it doesn’t drop back under the 20 day, which I don’t think it will, then it’s looking good for a big swing to break $270 then to $285 then to the moon $ROKU If you agree then follow me for more, and give this a likeLongby Art_of_Investing226
Gap fill? put trade?Created the gap in the morning and looks like it hit my downtrend line and got rejected, overextended from the 5ema on the daily chart and also overbought on most smaller charts( 1h, 30m etc) on top of these signals weekly chart has a death cross. I think it ran too fast and might get pulled back a little. In addition to that the weekly death cross has me thinking it’ll come to the 200ema on the weekly chart. Is todays candle a bull trap?by Tajwar_alom3
ROKU, Time to move?With news, price is breaking out of a descending channel, has to reclaim 239 then 240 to confirm a full break imo.Longby HouseOfTradesUpdated 117
ROKU looks oversoldROKU has not performed well over the last few weeks. It has been under heavy selling pressure since its last earnings report. I am considering a long position for 2 reasons. First I believe that the stock has sold off to an area of consolidation that may interest some buyers. It is a zone between 218 and 228 (rather large range). Secondly, and more importantly, the RSI has shown a reading of below 30 for a while. Historically if RSI has been below 20, it has proven to be a good buying opportunity for this stock. I think that a close above the 5ma will be a sign for a reversal of momentum. I think an acceptable target is 240 and then 245 after that. Longby Decam9Updated 2
ROKU earnings on the long side I can see an eventual trip up to 580 on ROKU with a blowout earnings report (please note, this isn't a 2-3 day price target, this is longer term). Otherwise I see 387 on any bad news or non-event type of earnings call/report.by ivanwolfgangUpdated 331
Buy $ROKU - NRPicks 12 NovRoku, Inc. together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform enables users to discover and access various movies and television episodes, as well as live sports, and others. Revenue TTM 2.5B Net Income TTM 286M EBITDA TTM 383M EBITDA Margin TTM 15% Debt/EBITDA TTM 1.18xLongby NewroadTraderUpdated 0
ROKU is a buy opportunityROKU is trading at the bottom of a long term upward price channel with low volume after a strong earnings report this past month. RSI is very oversold at around 26.4. MACD is positioned for a reversal. My bubble risk indicator is showing a low-risk entry point. This is basically a measure of the price distance from the 50 week EMA. I'm selling some QQQ to add to my ROKU position.Longby kevindcarr8
$ROKU YTD demand $ROKU is sitting in a year old untested demand zone from its November 2020 breakout. Could potentially see as low as $200 but a break from here will bring its most recent supply areas between $275-325, and it could go relatively quickly. Holding 10 12/3 $257.5 calls at .56 as a weekly lotto. Target $20,000 profit or 0Longby meanweimaraner0
$ROKU | WEEKLY WATCHLIST 11/29Uhhhhhh is it finally time?! Last week we nearly tapped my buy zone. I'm fairly sure I was one of the first to share that level with you guys! Looking for some support to build before pulling the trigger. $400 above is possible on the next impulse up.Longby StonksSociety3
Multi-Support Reversal Long: ROKU 220Primarily looking for a reversal play, the drop represents a nearly 50% pullback from the 52-week all-time high. ROKU bounced several times from this critical 220 level. Established a respectable buying volume profile around this level, with additional support at a $200 inflection point. The chart is curling with a cup and handle pattern forming on 4Hr chart Holding long term trendline support and regressional channel Fundamentally driven trade, high-growth large-cap Adtech trading at 8.4x EV/Sales NTM. Timeframes Used: 1 Day, 4hr, 15mins Entry: $220-230 Exit: $255 Partial, ride rest. Stop: under $200, near 15% stop loss Longby johnnyh982
$ROKU - swing updateI posted this chart last week - still looks good for a move to the downtrend channel - I will be offloading and securing profit in that zone. So far so good on this swingby btwice53190332
Expanded Flat Elliot Wave correction on ROKURoku in an expanded flat here, here’s my best attempt at mapping out the five waves within the c wave. 238 is the point at which wave 5 becomes equal to wave 1. .Longby tommymiller143333
$ROKU Oversold - Buy the Blood$ROKU Oversold - Buy the Blood This is the most oversold this stock has been since the pandemic market lows of March 2020. I'm expecting a bounce here sometime in the next week. Great company with solid earnings. This selloff is overdone in my opinion. Avg analyst price target is about $408 right now, with vast majority giving it a Buy rating. Near term target: $275-$300 range possible by year-end Note: This is NOT investment advice. Educational only.Longby Triple_Barrel_Capital335
IT IS TIME for reversal! $ROKU stock analysis.Hi everyone, Today we are tackling NASDAQ:ROKU stock price downfall. Why has it been falling so hard for the past couple of weeks? In fact, Roku stock has been losing in price every month since July. And losing a lot. It is now trading at 50% below July's highs. That's insane. Roku was a major COVID theme play, as everyone expected the stock to benefit from lockdowns. Indeed, it had grew massively and was overpriced in July-August. Is it a hopeless stock now? As practically all COVID-benefitting stocks in the past month, NASDAQ:ROKU stock was losing in price. After Q3 earnings report it dropped another 15% in a week. Although the report was not terrible. My verdict : the stock is now suffering for its massive overvaluation by the public. The Analysis. From a technical standpoint, it is almost time for a huge reversal. Looking at the last year's Volume Profile, we can see that 311-362 price zone saw the majority of volume traded with a POC around 317 . Now the price is far outside the Value Zone and approaching a support line. Price surpassed important 272 level. I expect the stock to reach 200 zone in a near future for a buy. Although, it is a conservative lower risk play. Stock already poses a pretty tempting buy opportunity. In the long run, I expect the price to test orange resistence line above. AND if we break it, honorable return to high-volume zone of 310 and above is due. As always, trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise Longby AyBe_Invest1
$ROKU | WEEKLY WATCHLIST 11/22Like PayPal, Roku still has some more downside to go before a potential reversal. Not interested in long setups until we tap $220 region. Don't get burned trying to catch this in the meantime.by StonksSociety5
Looks like the bottomLooking for a reversal at previous resistance that eventually broke before hitting all time highsLongby Shanedurand5181
Will ROKU reverse?Despite positive earnings ROKU stock price suffered. With a recent rejection at the top of the channel ROKU could use the bottom of the channel as support. $271 is an important support level, a price bounce off the support level would act as a potential entry. ROKU is just above 30 on the RSI. Indicators shows a slowing in the bearish momentum yet it is not bullish. Bounce off $271: Entry: $276 Price Target: $285 Falls through $271: Entry: $266 Price Target: $251 There is small gap that has yet to be filled. If the price bounces that gap could act as the next support levelby christianmartin4746Updated 113
Roku long opportunityI am waiting for Roku to trigger me in at $231.28. If it gets to that level, I will hold for swing for a month or so. My TP will be @ $283. My stop loss will be triggered at $222.00 Happy Trading Longby The77CycleTrader3