Average Revenue Per User up 34%? WOW!!!!!
$Roku Inc(ROKU.US$ earns revenue from advertisers on its platform as well as commissions paid to them by streaming services like $Netflix(NFLX.US$ and $Amazon(AMZN.US$ prime and $Disney(DIS.US$ plus for membership signed up for on the Roku platform. there is no subscription fee to use Roku but they are earning revenue per user that is greater than the subscription revenue the streamers on Roku earn.
Although Roku does have some content and the Roku channel, they are not primarily a streaming service which is why it’s ridiculous when Roku was going down in sympathy with Netflix. Apples and oranges. They are the platform where people watch their streaming service on the TV when they’re sick of looking at their computer screen. 71% of TVs sold in the 🇺🇸 have Roku already built in.
from a technical standpoint on the one day chart Roku does adhere to the SQJZ (1-9) reversal indicator about 75% of the time. You can see that it didn’t on this last one but I’m thinking the sequence that’s currently on seven may represent a reversal to go back up.
Although Roku does have some content and the Roku channel, they are not primarily a streaming service which is why it’s ridiculous when Roku was going down in sympathy with Netflix. Apples and oranges. They are the platform where people watch their streaming service on the TV when they’re sick of looking at their computer screen. 71% of TVs sold in the 🇺🇸 have Roku already built in.
from a technical standpoint on the one day chart Roku does adhere to the SQJZ (1-9) reversal indicator about 75% of the time. You can see that it didn’t on this last one but I’m thinking the sequence that’s currently on seven may represent a reversal to go back up.
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I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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