Well oversold on D timeframe. 4H showing a divergence in the CCI and price action, possible exhaustion of downside move. Looking for a confirmation that the low pivot is in. Watching for retest and retrace to give us good support and set up a bullish trade.
Roblox is bouncing against strong resistance in the 4H timeframe. Going short with a stop at the last pivot give you a 2:1 with a price target of the string volume based support.
Oversold and outside of channel. I'm going to be looking for a move higher testing supports up through the ray in anticipation of another stronger move down. Short term Bullish, Medium Term Bearish.
