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Bearish-Bulls
May 12, 2021 7:17 PM

$RBLX Perfect Bear Pennant Short

Roblox CorporationNYSE

Description

I am already short this from EOD yesterday, but right now also looks like a pretty decent short entry as well. Picture perfect bear pennant on the hourly !
Comments
cdm34
As a roblox investor, I am tried of this bearish traction. I don't understand why it's not able to establish a higher support level. I'm a young investor so if you could explain why it's doing so bad in the short term I would appreciate.
Bearish-Bulls
@minecrafterc239, I actually shorted it the previous day @ 77 and closed out my puts @ around 69/70. The short term chart was bearish on the daily chart because there's a h&s patter/flagpole. Also They skyrocketed up 20%+ in a day on a very lackluster earnings report.... ALSO I don't even think that RBLX should be a public company, but that's just my own opinion.... and yes,I am a gamer.
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