RBLX trade ideas
RBLX - Bullish option flow Oct 22Roblox Corporation develops and operates an online entertainment platform.
Currently, hitting upper trendline and close to the POC (point of control).
Over 5300 December $85 calls were bought on friday the 22nd.
Upcoming Catalysts - Investor day 11/06 and earnings 11/08. GL!
$RBLX Bullish Wave Count$RBLX
Powerful Setup developed
1,2 - 1,2 count
Will be watching how roblox develops into the end of the year
Bear Bear SimulatorI play Roblox myself and I saw a steady drop in player base and various of things that are changing as well.
Player base is dropping because kids are back to school and they can't spend that much money.
Roblox facing lawsuits, which causes changes to marketplace policy to change that allows players to get refund for avatar items.
New TOS doesn't favor developer as well.
Robux cannot be exchange between players "EVEN"!! in development groups, this is a big kick for the dev team because people working hard to make games gets pay in Robux.
This change also has its benefit of destroying exploitation from player scamming children for robux.
They also made changes that players cannot dress like their favourite YTbers or they will get banned. (Not exactly logical if you think about it. The game depends on YTbers promoting the game and to limit how fans should behave is not a good idea.)
Overall, I see Roblox to continue downward.
Wait and see when the graph forms a higher lows.
$RBLX ROBLOX Corp Long off Strong Support
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
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RBLX BULLISH WOLFE WAVE TRIGGERThere is a wolfe wave setup on the 39 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 80 which is expected to reach this price target within approx 39 hours (195 min x 12).
Long $RBLX CMP 77.28Long $RBLX CMP 77.28. Nice consolidation in symmetrical triangle. Sitting at nice support of $75-$77 area. Expecting breakout soon. Target 1 $90, Target 2 $100
Roblox Long target 100$/120$/130$We had a breakout of the descending wedge and looks like we are backtesting our previous resistance as support. Long where u feel comfortable with a stoploss below the market structure.
Target 1 is at 100$ which is the local top of the market structure.
Target 2 is 1.382 Fib extension
Target 3 is 1.618 Fib extension
MY MINIMALIST ANALYSIS FOR $RBLX ROBLOX10.6.21 0509H PACIFIC
MY MINIMALIST ANALYSIS FOR $RBLX
ALERT: ENTRY
HOW TO USE MY CHART
Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, tho, you can use it.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/TOP-UP AREAS.
You must watch out for Chart Patterns, Divergence, Candlestick Math, and your Fibs.
Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style.
This CHART is best used without indicators. Price action, candlestick/bars, and FIBS alone will be sufficient as a major deciding factor for this CHART.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support.
$RBLX 05OCT2021$RBLX crossing significant support level; looking for the security to suggest trend continuation depending come market open tmrw 06OCT
$RBLX such a nice looking chart...Solid consolidation and relative strength. Setting up a strong volume shelf since IPO. Still under the volume shelf, so expect resistance back into it. If we clear the shelf, then prepare for a nice move. All we have to do is forget about the market volatility lol.
$RBLX: Will Delta Reopening Imply Pain For Stay-At-Home Names?We can see some significant underperformance by RBLX as it makes it way to the bottom end of this triangle, as the market begins to favor reopening names like consumer services space evidenced somewhat by XLY's relative strength in the current market, will that mean RBLX will continue to underperform? We shall see. Good luck traders
RBLX Montly entry ideaRBLX on the monthly with Fibs targets.
Stop loss should be based on what you can risk to loose and position size.
Roblox - RBLX - Need some more Robux?Roblox - RBLX - Need some more Robux? Get it from RBLX? Still trending upwards! Edutainment purposes Only!
$RBLX -- Trading range reclaimed Back inside the Trading range
expecting it to hit top of the range again .. relatively better risk to reward here
$RBLX Bearish Gartley Roblox one of my favorite stocks that keeps giving.
Roblox has formed a Bearish Gartley pattern
I do believe we have completed a type 1 reaction and if .618 fib $79.23 holds as support we can expect a type 2 reaction giving us a reversal toward $91.20
my long target is $112 which would be our ATH for Roblox
I do have a bearish scenario as well which I will post later on today, but I do think ROBLOX has a bullish sentiment toward it.
RBLX Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
$RBLX STRONG SUPPORT Swing set up... The idea on this trade is to analyze how price plays around resistance to see if it respect or rejects off these supply zones.
$RBLX Setting up Its Right Side of a BaseLike how the right hand side of $RBLX chart shaping up. Would like to see it build up that pivot for few more days before it moves through that $91 level.
Market looks shaky here but if we hold, this could setup and run.
