As the tech rally pulls back, expect an 886 retrace from bloxId be a buyer down at those levels. I do think there's a coinflip chance we get it. so not shorting, but waiting in cash.
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−1.88USD
−924.366MUSD
2.225BUSD
462.474M
About Roblox Corporation
Sector
Industry
CEO
David B. Baszucki
Website
Headquarters
San Mateo
Employees
2.128K
Founded
2004
ISIN
US7710491033
Roblox Corp. engages in the provision of online gaming services. Its platform consists of Roblox Client, Roblox Studio, and Roblox Cloud. Roblox Client is an application that allows users to explore 3D digital worlds. Roblox Studio is the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with Roblox Client. Roblox Cloud includes the services and infrastructure that power the human co-experience platforms. The company was founded by Erik Cassel and David B. Baszucki in March 2004 and is headquartered in San Mateo, CA.
RBLX rough ideathat's just a rough idea of what I see if RBLX breaks support
if it breaks I expect some Macro market maker pattern / Po3
NFA DYOR
$RBLX: Bears Winning The Brick BattleRBLX may see lower following the 27.5 handle being lost. It's hard to see bulls digging themselves out of this.
Is it time to Buy RBLX?
- As long as Price stays above $26, the stock favors bulls in terms of Risk/Reward basis.
- Price Targets for long positions are $32,$36,$40.
- close below $25 is detrimental.
- September usually is a volatile month so need to be careful with position sizing and stop loss
RBLX to fill the gapeTrade idea, RBLX will fill the gape as it did a few times recently. It is in oversold zone and MACD is turning bearish.
My levels to manage my RBLX long-term positionCopy & Paste from WSJ:
For the June-ended quarter, Roblox said revenue rose 15% to $680.8 million for the quarter while total costs rose 30% to $994.8 million. Daily users, hours of engagement and other key metrics were up from a year ago but net bookings and adjusted profit came in below Wall Stre
RBLX: Out of the triangleOn the chart, we see a downward exit from the triangle, which may indicate a trip lower to the nearest support. The report did not inspire shareholders, it is logical to see the paper below the current price.
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RBLX catch the falling knife +10%Roblox Corporation is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2022, the company employs over 2,100 people.
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