ROKU, the most awaited TURNAROUND has commenced! ↑↑↑
Aktualisiert
ROKU has recorded an impressive volume surge of 52% from 7.7M to 11.7M conveying that buyers are back in the accumulation / positioning mode -- aided by the New Ad Partnership With Shopify.
The stock has taken quite a beating on its value over the years after hitting a peak of 487 on 2021. That is about to change now as recent metrics / data is hinting of an upside reversal.
On our tri-monthly chart, data is showing some shifting numbers already suggesting shorters are thinning out, and bulls are resurfacing. Histogram is showing some gradual bending lines suggesting an initial transition of trend. Bubble up volume has finally re-appeared after 2 years of waiting, last one was on July 2021. This is hinting of a turn around play for Roku.
Pricewise, we got the first white light candle appearance on tri monthly chart in over 4 years! Last one was on April 2019 during its initial bullish era.
The stock is currently sitting at 1.0 FIB level - a strong major order block support where the bulk of buyers converge. It also hovering a 4-year longstanding support at the present price range. We are now at the bounce base area.
Expect some significant series of ascend from the current range.
Spotted at 75.0
TAYOR
Safeguard capital always.
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NOTABLE GOOD NEWS for the company:
New Ad Partnership With Shopify.
Roku Channel comes to Google TV and Android TV devices
Roku Unveils Partnership With FreeWheel to Support Advertisers, Publishers
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Some additional data:
Mar 2023 EPS beat by 22.02%
Revenues in green at 740M
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source: investopedia / mark wilowski
Roku Shares Surge After New Ad Partnership With Shopify
The company is giving viewers the option to purchase Shopify merchants' products’ directly through their TV
Roku products are displayed on a shelf at a Best Buy store on February 18, 2022 in San Rafael, California.
Justin Sullivan / Staff / Getty Images
Roku (ROKU) shares surged more than 11% on Tuesday after the streaming platform entered into a partnership with Shopify (SHOP) that gives viewers the option to seamlessly buy products directly from their TVs.
KEY TAKEAWAYS
Roku shares surged more than 11% on Tuesday after the TV streaming provider said it's giving viewers the option to buy products from Shopify merchants directly from their TVs.
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed.
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in 2021 after the company gave the latter's merchants access to its advertising platform.
Customers will be able to make purchases through Roku Action Ads. Roku's advertisements on its streaming devices give users a set of interactive choices, including sending a text, scanning a QR code, or making a purchase. With this new development in their partnership with Shopify, viewers can simply click "OK" on their remote to learn more about the product and purchase it directly through their TV.1
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed, providing a smooth and seamless checkout experience.
Men’s apparel brand True Classic, exercise equipment maker Ergatta, and wellness brand Olly are just a handful of Shopify merchants that have signed up as initial partners.
"Roku democratizes access to TV advertising, and now, we’re collapsing the funnel for Shopify’s merchants," said Roku’s senior director of ad innovation, Peter Hamilton, highlighting that the company has a "unique position to make advertisers unmissable across the streamer’s journey."1
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in September 2021 after the company gave the latter's merchants access to its advertising platform.2
Roku shares were up by double digits on Tuesday and have risen 67% so far this year. Shopify shares gained 2% and are 78% higher year-to-date.
The stock has taken quite a beating on its value over the years after hitting a peak of 487 on 2021. That is about to change now as recent metrics / data is hinting of an upside reversal.
On our tri-monthly chart, data is showing some shifting numbers already suggesting shorters are thinning out, and bulls are resurfacing. Histogram is showing some gradual bending lines suggesting an initial transition of trend. Bubble up volume has finally re-appeared after 2 years of waiting, last one was on July 2021. This is hinting of a turn around play for Roku.
Pricewise, we got the first white light candle appearance on tri monthly chart in over 4 years! Last one was on April 2019 during its initial bullish era.
The stock is currently sitting at 1.0 FIB level - a strong major order block support where the bulk of buyers converge. It also hovering a 4-year longstanding support at the present price range. We are now at the bounce base area.
Expect some significant series of ascend from the current range.
Spotted at 75.0
TAYOR
Safeguard capital always.
-------------------------------------------------
NOTABLE GOOD NEWS for the company:
New Ad Partnership With Shopify.
Roku Channel comes to Google TV and Android TV devices
Roku Unveils Partnership With FreeWheel to Support Advertisers, Publishers
--------------------------
Some additional data:
Mar 2023 EPS beat by 22.02%
Revenues in green at 740M
---------------------------------------
source: investopedia / mark wilowski
Roku Shares Surge After New Ad Partnership With Shopify
The company is giving viewers the option to purchase Shopify merchants' products’ directly through their TV
Roku products are displayed on a shelf at a Best Buy store on February 18, 2022 in San Rafael, California.
Justin Sullivan / Staff / Getty Images
Roku (ROKU) shares surged more than 11% on Tuesday after the streaming platform entered into a partnership with Shopify (SHOP) that gives viewers the option to seamlessly buy products directly from their TVs.
KEY TAKEAWAYS
Roku shares surged more than 11% on Tuesday after the TV streaming provider said it's giving viewers the option to buy products from Shopify merchants directly from their TVs.
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed.
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in 2021 after the company gave the latter's merchants access to its advertising platform.
Customers will be able to make purchases through Roku Action Ads. Roku's advertisements on its streaming devices give users a set of interactive choices, including sending a text, scanning a QR code, or making a purchase. With this new development in their partnership with Shopify, viewers can simply click "OK" on their remote to learn more about the product and purchase it directly through their TV.1
Viewers will be able to check out using Roku Pay, the company’s payments platform, and resume watching their program once the transaction is processed, providing a smooth and seamless checkout experience.
Men’s apparel brand True Classic, exercise equipment maker Ergatta, and wellness brand Olly are just a handful of Shopify merchants that have signed up as initial partners.
"Roku democratizes access to TV advertising, and now, we’re collapsing the funnel for Shopify’s merchants," said Roku’s senior director of ad innovation, Peter Hamilton, highlighting that the company has a "unique position to make advertisers unmissable across the streamer’s journey."1
It’s a new milestone in Roku’s ongoing partnership with Shopify, which started in September 2021 after the company gave the latter's merchants access to its advertising platform.2
Roku shares were up by double digits on Tuesday and have risen 67% so far this year. Shopify shares gained 2% and are 78% higher year-to-date.
Trade ist aktiv
QTRLY Earnings calls on JULY 27 2023. Factor this in your trade:Expected: 777M
Reported _____
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Last earning calls:
Expected 708M
Reported 741M (Surprise +4.64%)
Trade ist aktiv
Insane Surge.Trade ist aktiv
Daily Update:Resistances are always the targets for ROKU. Expect them to be broken based on fundamental and technical merits.
Spotted 80.0
Trade ist aktiv
Congrats holders.Trade ist aktiv
This is shifting based on its long term trend.Trade ist aktiv
Daily data update:Based on recent price action from yesterday's trading session this is signaling a STRONG BUY! Price target is set at 100.0
TAYOR.
Anmerkung
BUY MORE.Price growth will surprise everyone soon.
Trade ist aktiv
Daily data update:We are shifting now! Massive rise ahead eyeing 100 zone soon.
Spotted at 60.0 levels.
Trade ist aktiv
We are rising.
More ascend series is expected from the current price range.
TAYOR.
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