The Plays: Estimated time: 2 weeks ROKU 160 Call 7/17, looking to pick up tomorrow or the 14th. Should see Roku move sideways a bit till we bounce off support (blue line). ROKU $160 Call 7/17 @ $370 per contract These contracts will be cheaper if Roku opens even or negative. Do not trade this DotcomJack
Here is an easy ta for roku long: So, after corona comeback from 60 we are now trying to break the very important resistance around 130 $ mark. This resistance works as clash of bulls and bears. Please watch notes for understanding the relevance of this resistance line. Indicators: BB: Bands open easiy after close range movement, SMA 20 works as support,...
Roku did what I wanted it to do. made an inverted H&S at support and took off. that trendline is heavy resistance but if we break then my PT is $150. If we bounce down then my PT for the short is $120
This is the essence of piggishness. Change sides and ride the wave. This thing can really jet, so get in soon. NASDAQ:ROKU
ROKU is challenging some major resistance at 132.19. Once that’s cleared, 139/140 is tested before $150. A daily hold over the first major resistance line is bullish. Calls should be in the 140-150 range.
Roku held its trend line during last week selloff and it's looking strong for a move up. Trade Idea $ROKU Long Entry: $108 Stop Loss: $100 Price Target: $130
Roku has been flapping around MIA for sometime, but finally broke a key area of resistance this week. Its currently an overlooked and undervalued stock - if it can pop 130 ish, the stock is going north to 150.
X Force Global Analysis: Roku is an American company offering a line of digital media players that offer access to streaming media content. In this analysis, we take a look at the technicals and fundamentals of this stock, assessing potentiality for a bullish rally. Fundamental Analysis - Roku stock has declined by almost 40% from its highs due to the...
It's not a fluke that the gains were so impressive today for Roku. The attempt has to be strong because at the top of todays price range is the weekly H5 resistance (red line). A strong candle through the red line and Roku bulls ride into the sunset to $155
Possible long entry levels for best average price
ROKU (2H) / Primary Elliott Wave Count
Hitting the lower trend line. If it doesn't form a lower low in daily chart, it will follow the trend line
Went back and started from a clean slate on this as I felt something wasn’t adding up with the counts. Though my count is little different, nothing has changed from my bias of reaching 138+ zone and entering a potential short. After redrawing, I think we just went through a wave 4 retrace (blue number) with a flat a - b - c correction. Wave count and fib lines...
Locking in about 6.50 point drop since completion of wedge ABCDE. Wave b should be in. May see slight retrace to backtest but ultimately should still head lower to price target.
Seeing an ABC wave down to target area around $76. Had a retrace today for Wave B today of .32 supporting my opinion to continue downward. Again, watching to hit price target to potentially start building a long position with a first price target of $110
Excellent earnings results, can we see Roku breaking out of this triangle? If not, we will see a rejection near trendline resistance and can expect more sideway actions for the next few days. Good buying opportunity if we can break out! Therefore, worth adding to your watchlist.