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benjihyam

$RBLX bounce to $80-94?

Long
Roblox Corporation (NYSE:RBLX)  
benjihyam Updated   
NYSE:RBLX   Roblox Corporation
Supply and Demand Support and Resistance Pivot Points roblox robloxstock robloxidea RBLX rblxidea
5
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supplyanddemand supportandresistance pivotpoints roblox robloxstock robloxidea rblx rblxidea
$RBLX looks to be putting in a short term bottom at the bottom of this structure.

I'm anticipating a breakout of the structure from here and looking for a target of $80. From there, I lean towards a retest of the structure before seeing continuation higher.
Comment:
This idea is likely invalidated. I can see further downside. If it doesn't break out by 3/15 or so then I think this idea is invalidated.
Comment:
Invalidated. I think we're going lower.
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