RBLX has been hit very hard now down $79 from ATH. As growth has sold off in light of yields/rates rising, it seems to be bottoming out as as a sector.
As of close Friday, RBLX is being held down by its IPO lows of $60.46. A retake of those lows indicates a reversal and I will add to my RBLX swings for February and March OPEX. $60.46, $64.07 and $70 above.
A retest of $54 should be in hand this week and I will be looking to spec long there. Daily close under 53.63 and you can short it until it has a daily close above $53.63.
As of close Friday, RBLX is being held down by its IPO lows of $60.46. A retake of those lows indicates a reversal and I will add to my RBLX swings for February and March OPEX. $60.46, $64.07 and $70 above.
A retest of $54 should be in hand this week and I will be looking to spec long there. Daily close under 53.63 and you can short it until it has a daily close above $53.63.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.