strategy for RBLX friday 02/18/2022RBLX: sell zone ( 56.50 ) ( 56.00 ) bullish entry above ( 57.00 )
RBLX: buy zone ( 54.60 ) ( 53.50 ) bearish entry below ( 53.00 ) but possible rebound in this zone, the price is in the support zone
RBLXD trade ideas
Getting Better Prices 🎯Earnings anticipation has bottlenecked RBLX. Falling Wedge suggest bearish break unless it's good news at earnings. Expecting break down a few points.
📌 Our target is the area Violet
Roblox on its ay to fill the Gap..!The previous analysis has reached its target and now we need to update the outlook!
I think RBLX is moving toward the 77-70 zone!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
What is Anchoring? a Behavioral Finance phenomenonIf you have an investment that has experienced a decrease in value significantly, and you decided to keep and sell at your entry price, please read this article it may help you to make a better decision.
Before we go to the main educational point, keep in mind those who bought tech stocks at the market peak in 2000-2001, waited 15 years to get even..!
Educational Point:
Anchoring
The concept is part of the field of behavioral finance, which studies how emotions and other extraneous factors influence economic choices.
In the context of investing, one consequence of anchoring is that market participants with an anchoring bias tend to hold investments that have lost value because they have anchored their fair value estimate to the original price rather than to fundamentals. As a result, market participants assume a greater risk by holding the investment in the hope the security will return to its purchase price. Market participants are often aware that their anchor is imperfect and attempt to make adjustments to reflect subsequent information and analysis. However, these adjustments often produce outcomes that reflect the bias of the original anchors.
Examples:
1-DASH:
2-FB:
3-CVNA:
4-CRWD:
5- ZM:
6- COIN:
7-SPOT:
8- NFLX:
9-PTON:
10- RNG:
these are just some examples of stocks that lost more than half of their value in the past few months or weeks..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Reference article:
www.investopedia.com
RBLX 2/11/2022RBLX
Things been ugly since Nov. 2021.
After a series of lower highs there was a sharp drop and price goes into 1st bear flag.
Price continues downtrend from there.
Price breaks down past support area around 71.
Price has now pulled back to previous support level in form of a bear flag.
There is also a death cross further signaling the bear market.
Price is rejecting 20ema
Yesterday’s gravestone doji at resistance and 20ema is my que to enter.
Entering short trade
Entry: 66.70
Stop loss: 77.00
Target : trailing 10ema
RBLX Sell-off anticipated in the Options Market !!Before placing a strangle option on this particular stock, yesterday i was monitoring the options market for a possible outcome.
And it was extremely interesting to see that the high conviction trades were slightly bearish: 5.2K Puts and only 2.3K Calls yesterday.
And guess what happened at the earnings today:
Revenue: $568 million vs $604 million expected
Bookings: $770 million vs $786 million expected
Losses per share: $0.25 vs $0.11 expected
User growth: 49.5 million daily active users vs 50.1 million expected.
So following the "smart money" wasn`t a bad idea after all. :)
Now considering that Ark Invest bought the stock lately, i think it still has potential on the long run (Ark has a 5 year term targets compared to the usual 1 year analysts ratings).
Awaiting for a breakout for RobloxRead latest news here and here
It is still in the descending channel, no hurry to go long as yet as it meets the upper channel (resistance) and may react downwards. So, wait for it patiently to break out with a nice bullish pattern before considering going long.
RBLX RBLX RBLXNancy stock. It finally broke trend. If it holds it could move, ER on 2/15. It pulled back, I can see it retesting resistance, supporting at 65.4 to 69. If fallen below, I would exit and reenter at a better spot.
Resistance 84.64, 90.35
$RBLX swing trade*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been watching online video game company Roblox Corp $RBLX for the past couple of months. $RBLX and Facebook $FB are our two favorite Metaverse stocks long term. Gaming and social networking are going to very successful in the metaverse. $RBLX and $FB both seek to be dominate players in the metaverse field, and we for one aren't second-guessing these guys.
My team took advantage of todays dip and entered $RBLX at $83 per share. Our first target is $93.
OUR ENTRY: $83
TAKE PROFIT 1: $93
TAKE PROFIT 2: $100
$RBLX - Stuck Between a Rock and a Hard Place$RBLX is stuck between a rock and a hard place here, with the trade favoring the downside.
We're coming up on an overhead resistance at 64.5, while also running into heavy trendline resistance established all the way back in November.
I personally think we reject and visit 60 this week, though there's also a possibility of a double breakout which could lead us up to 70, and then 77.
Breakout is validated above both trendline supply, and general 64.5 resistance.
Bearish pennant into earningsEarnings anticipation has bottlenecked RBLX. Pattern suggest bearish break unless it's good news at earnings. Expecting break down a few points.
$RBLX $U $ROKU $TGT I OptionsSwing WatchlistRBLX 4H I RBLX will be reporting earnings on 02/15.
Taking RBLX $70c 02/11 on a breakout from $65. We can also wait on RBLX to report earnings before jumping on it.
U 1W I Held the weekly trend line we highlighted last week and moved up 17% after reporting earnings. Watching for a break above $112 with volume this week.
ROKU 1D I We are spotting a bullish divergence on ROKU on the daily time frame. Also, unusual activity has been picked up betting on ROKU $180c 02/18 @ $5.90!
TGT 1D I Possible falling wedge on TGT daily time frame. We also have a bullish divergence on the RSI. Aiming for $218 calls expiring this week as long as $212 holds.
RBLX Elliott wave updateNot financial advice. Just practicing reading wave and subwave counts. Possible leading diagonal wave starting move. if so, we should be coming to subwave 5 of bigger time frame wave 3. Expected price target to be equal to subwave 1, which is between .618 and .786 of fib extension of subwave 3 (common target areas). Makes sense in my head, but hard to type and explain.
RBLX - Inverse Head & Shoulders FormingPrice has been in a strong downtrend for several months. Now, we see an inverse head and shoulders forming indicating that this trend could, at least temporarily, reverse. If price can bounce off support at around $60.60, the inverse head & shoulders will be confirmed and we could see some appreciation in price in the coming days. Place stops at $59 (if support doesn't hold) and take profits around $70 (a level of resistance).
$RBLX -- It's going to be a BUY$RBLX
It looks like it's bouncing off from its support area. Look to go long. A great entry spot here.
RBLX calls and puts: Levels to look out for and considerNYSE:RBLX
Price - 98.81
Support - 94.14
Resistance - 104
Consider**
Calls above - 107.97
Puts below - 93.1
RBLXfor a school project
Im using this space to fill up the description box
this is for coach balls 2nd period economics class
RBLX: Looks to be Basing Going into February 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.
