Here is what I see with RBLX
~highlighted on RSI is Bullish divergence.
~Vortex indicator is about to change momentum to green
~We have reached a crucial zone of support. If we turn around here we could end up forming a head and shoulders
~We had a higher high, meaning that we could see a trend reversal towards bullish.
~While we did see a death cross on the 1 hour, it was on decreasing volume, meaning a weak death cross. Only going to last a short time before a golden cross returns.
~We are also at the support line of the flag
Earnings on RBLX may be the catalyst we need to start the next bull rally.
~highlighted on RSI is Bullish divergence.
~Vortex indicator is about to change momentum to green
~We have reached a crucial zone of support. If we turn around here we could end up forming a head and shoulders
~We had a higher high, meaning that we could see a trend reversal towards bullish.
~While we did see a death cross on the 1 hour, it was on decreasing volume, meaning a weak death cross. Only going to last a short time before a golden cross returns.
~We are also at the support line of the flag
Earnings on RBLX may be the catalyst we need to start the next bull rally.
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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.
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.