Roku

Discussion in 'Investment Charts' started by baudwalk, Jan 9, 2019.

  1. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    This one has a hell of a lot of momentum behind it - more to go?
     
  2. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    Well, there appears to be strong demand for ROKU but it is interesting to see Netflix, the main player in this industry, going the other way.
     
  3. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    This one just keeps on going despite the fact that Netflix is going in the opposite direction. Is there a potential takeover in the background?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    This one is going in the other direction to Netflix and there may still be a lot more growth to come through. The bad subscription figures from Netflix might be holding the shares back a little as well. Also, there would appear to be relatively low barriers to entry for the industry.
     
  5. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    Strong support and this share price is still in a bull run. Unless something dramatic happens, it looks as though there is still a long way to go.
     
  6. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Keep a close eye on this one - there will be a time to buy, maybe on a profit taking day.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Wow, Netflix continues to struggle yet this company is flying high. Are investors switching from Netflix to Roku?
     
  8. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    The outperformance against Netflix is there for all to see - remarkable!
     
  9. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    When you bear in mind the troubles at Netflix this is not a significant consolidation in the share price. The long-term uptrend has not been broken as yet.
     
  10. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Chart suggests that next support is around $148 - if it can stay above that then a return to previous highs might just be on the cards :)
     
Tags:

Share This Page