Roku

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

  1. Chartman

    Chartman Senior Investor

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    This has flown through resistance levels and could still have a long way to go yet! Something going on behind the scenes or did the market really get it so wrong?
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Dragged higher on the back of, on balance, the positive feedback on Netflix results?
     
  3. Buyonthedips

    Buyonthedips Senior Investor

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    In sympathy with Netflix - I think these shares are a better long term buy than Netflix. The Netflix management seem to have lost their way?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    Does anyone think we will see consolidation/mergers in this sector or are the barriers to entry too low?
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    There are a lot of support, resistance and trendlines coming together with the Roku. If I was a gambling man, I would say we will soon see a breakout on the upside.
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    Between Roku and Netflix I think Roku has the best potential of a recovery - Netflix seems to be on verge of the going ex-growth?
     
  7. Buyonthedips

    Buyonthedips Senior Investor

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    That share graph pattern suggests a continuing downward spiral. The shares were hit a while back because Netflix was doing badly - Netflix has recovered but Roku is not following foot, why?
     
  8. Buyonthedips

    Buyonthedips Senior Investor

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    While Netflix has recovered this share has gone in the opposite direction. Worth a look as I reckon that it could potentially be oversold. Just a few weeks ago this was seen as the better alternative of the two - perhaps Netflix is benefiting from greater brand awareness?
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    I had my eye on this share before the stock market crash and it does seem a little strange that Netflix has recovered much quicker. I would guess, in troubled times consumers tend to go back to brand names they recognise and because Roku is relatively unknown compared to Netflix, is this why it has suffered?
     
  10. Buyonthedips

    Buyonthedips Senior Investor

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    As I have posted on the Netflix thread, I think it would be interesting to switch from Netflix into Roku once markets have bottomed out. Only a few months ago the vast majority of analysts were selling Netflix and buying into Roku - have things really changed that much?
     
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