$RBLX levels of interest: 62$ - 50$ - 37$ - 33$ These are the supply and demand zones that act as support and resistance. You must be aware of, Before buying or selling. --TradeWise--
Roblox Short Term We look to Buy at 35.79 (stop at 30.79) We look to buy dips. The trend of higher lows is located at 32.90. Previous resistance level of 36.00 broken. Posted a Double Bottom formation. Further upside is expected although we prefer to set longs at our bespoke support levels at 36.00, resulting in improved risk/reward. Our profit targets...
What Does a Falling Wedge & Roblox Have in Common? I've played Roblox once and from what I remember, players build things up and tear things down. In line with the objective of the Roblox game, the falling wedge pattern falls prior to the price rising (or "building") again. The Falling Wedge pattern was identified on RBLX weekly, daily, four hour and one hour...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team purchased shares of online video game company Roblox Corp...
Roblox Short Term - We look to Sell at 33.44 (stop at 37.68) Preferred trade is to sell into rallies. Price action has posted a Doji candle and confirms a possible stall in the recent move. We look for price action to stay within the channel formation today. Prices expected to stall near trend line resistance. Offers ample risk/reward to sell at the market....
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Hello Friends! I really like Roblox longterm. But unfortunately, it’s currently in price discovery mode. It needs to find a support price to build off from their 2022 guidance. I’m going to wait for Roblox to break out of this current downtrend before reentering. If a breakout happens I see a trade to 2 resistance points (yellow and green line). As always thanks...
Roblox Corporation develops and operates an online entertainment platform. The company offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D digital world; Roblox Education for learning experiences; and Roblox Cloud,...
$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.
I am of the belief that Roblox is currently oversold and will squeeze back to the 60-70 dollar range. We are also at the bear extension, 1618. A common place for shorts to take profit. Also looking at a wedging into that support.
Before placing a strangle option on this particular stock, yesterday i was monitoring the options market for a possible outcome. And it was extremely interesting to see that the high conviction trades were slightly bearish: 5.2K Puts and only 2.3K Calls yesterday. And guess what happened at the earnings today: Revenue: $568 million vs $604 million...
With a beautiful diagonal wave presented in Wave 1, Roblox's Wave 2 correction was destined to be very deep (61-90%). With Wave 2 now near its hypothetical completion, it looks as if Roblox is ready to build momentum and make a run into the next few years ahead. I would tell my friends and my community that this stock is worth a buy consideration. Bounce becomes...
Hello Friends! I’m liking Roblox here at these levels. The average analyst PT for 2022 is $105. IMO this is set up nicely for a short term trade and/or long term hold. My price targets for the short term are… #1: $71.90 #2: $77.82 #3: $85.96 Support price is $54 As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
Keeping an eye on this one after a recent gap fill. After a large 43% decline over the last 3 months things may finally be shaping up for a long play on RBLX. The setup is promising with a strong intraday reversal on a bullish hammer bar on 1/10/22. Ideally I'd like to see it stabilize a bit more, form a floor around 86 and break trend higher before taking a long...
i think it will go up to 137 . that's My Personnal Opinion . Hope You Like it.
Roblox has caught some attention after reports showed Nancy Pelosi (greatest trader of all time ;) ) purchased JAN 23 $100 Call options back in DEC. I like it because it appears to have completed it's downtrend , although not yet confirmed, since closing the NOV gap and putting in a higher low so far. With heavy resistance at $95, bulls aren't out the woods...
A quick and dirty overview of some of the major metaverse contenders out there, with a look at Decentraland, Cryptovoxels, The Sandbox Game, Somnium Space, Upland, Meta, Roblox. Check out ryangtanaka.eth or play.decentraland.org for my in-progress plot. Livestreams and ideas/videos upload to come soon.
The Elliott Wave Count proposed here contains very bullish structure and offers huge upside potential The 5 wave structure to the upside suggests a corrective move is to follow. A long out the 'dec poc' level along with the .618 retrace confluence is a very high probable trade if $RBLX cooperates.