SPYder_QQQueen_Trading

$RBLX Key Levels, Analysis, & Targets (REQUEST)

Short
NYSE:RBLX   Roblox Corporation
$RBLX Key Levels, Analysis, & Targets

I’m seeing a little bit of a bounce at the last known support from march. It is not a strong support and there are no other supports below so if RBLX breaks below 35.90 it could go into free fall until it finds support again.
If you have a position, I’d decide where you want to sell in case it keeps selling off.
And if you don’t have a position, I’d wait until the MacD crosses back above the centerline with conviction. And MacD on the Daily usually coincides with a break above the 35EMA… I would look for those two things before going long.

Target to sell would be in that gap (58-66)

For @bipssharma

YouTube Channel www.youtube.com/@spyderqueentrading (Almost DAILY updates, come play)

I am not your financial advisor.
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