$RBLX to 150s on a pullback (swing)

Idea:
- Swing long $RBLX on a pull back to 129 to 124 (aggressive). Be ready to add at 50% Fib retracement.
- Or, start at 50% fib retracement (but it's unlikely price will get there in the near-term)
- Hard stop if price breaks below 100, but consider stopping if price breaks 103 (uptrend support)

Rational:
- See technical comments on chart (MACD, Volume, and Price strong bullish)
- Metaverse hype continues, and buyers will jump in on a pullback
- Strong Institutional buying from Nov 15 - Nov 19
- Short interest has decreased nearly 10% recently, expect this to drop further next week
- Top 25 stock on WallStreetBets chatter
- Recent Buy recommendation from InvestorPlace
- 150 is the highest price target by Morgan Stanley. I expect price to get there, and once it does, look for the Short opportunity.
- The overall sentiment of big-money options traders is split between 42.31% bullish and 57.69%, bearish.. so we should get a pull back in the near-term.

Good luck, and trade your plan!

Trade active:

Got my first aggressive entry: 129.60. Following the add plan shown on the chart on the chart.

Trade active:

Got my add on the 2nd aggressive entry point. New Avg 127.18. Still following plan on the chart.

Trade active:

well.. so far missed the conservative entry / super add level.. Avg is still 127.18

Trade active:

Added at 112. New avg is 118.53

Trade active:

Added a bit more at 110s . Average 115.32

Trade closed: stop reached:

Stopped out at 99s (-13%) . I think there is a great long-tern buy opportunity at these prices.