RBLX back to retest 100!

RBLX Daily TF

Roblox on discount, as price continues to drop due to a decline in active users. After a massive rally to ATH its only right we see a pullback before the rocket takes off again. Has a bit more room for a golden retracement to .618 level (76.96). Wouldn't jump the gun on calls just yet unless downtrend is broken which signals reversal or we get a dip to 76 level.

Targets: 90, 103, 117

Trade idea:
76-80 scale in month out calls atm/otm, full entry on the breakout of downtrend
Shares - safer option as well
Beyond Technical AnalysisChart PatternsgaminggamingindustrygamingsRBLXrblxbuyrblxlongrobloxTrend Analysis

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