How We Won Big with ROKU

Yesterday, Hit and Run took ROKU long on a swing at around 63. This was right into earnings.

Now the stock is at $69+.

Here's the alert I sent out:

A daily ROKU below shows my reasoning.

ROKU triggered a Rule of 4 Buy (a breakout over triple tops) when it gaped over the horizontal red trend line on February 2.

This was in tandem with the SPX marking a top at 4195.

ROKU plunged when it triggered a Jump The Creek sell to offset the gap.

However, on Wednesday, it gapped up and cleared the horizontal red trend line, revalidating its uptrend and opening the door for squeezage of all those who shorted the prior downdraft.

As well, bullishly ROKU closed Wednesday’s session ABOVE the previous early February gap down.

When it was apparent in the last hour that ROKU was going to close above the early February gap, I sent the alert to get long ROKU into earnings.

An hourly ROKU shows an HOURLY Angular Rule of 4 Breakout, backstopping the long setup:

Checking a 10 min ROKU Shows the textbook back and fill action after the Wednesday’s opening gap and a Side Door Entry (a pullback to the open):

When ROKU triggered an Opening Range Breakout (breakage above the first 30 minute range), it perpetuated a clean trend day higher… telegraphing that someone clearly believed ROKU had a good report coming.

Finally, despite the SPX being red much of Wednesday’s session (down 30 points intraday), ROKU was a Torpedo…saying damn the torpedoes, full steam ahead.

Get Jeff Cooper's FREE eBook: Unlock the Secrets of the Square of 9...

Download Now

99.999% of traders have never even seen the Square of 9... let alone understand its potential.

Do you dare to be different?