R2BL34 trade ideas
Roblox Corp target $220
The metaverse world in the Roblox corp.
Share has accelerated from $76 to $140. As the potential are still undermine with the large user base, any actualisation of Metaverse in Roblox game will accelerate its share upward movement.
In technical aspect, price of share is in an uptrend pending price to reiterate above $112 . As we have a gap up between $76 to $92. I would expect price to quickly dip (or it might not happen for now if upward momentum is very strong) and bounce back up in order to resume upward move to $140 followed by $180 and $220.
TP1 : $140
TP2: $180
TP 3: $220
Roblox - Hold with metaverse conceptPrice of Roblox has continue to fall with trend line resisted with a support at $60
This fall is classic gap covering from the previous gap one when price gets exhausted. This will allow new buyer to emerge around $60-$80.
Overall a long position will only take place when the price has consolidated with a. New base and break out of the current downtrend line . This will allow Roblox to potentially recapture $139 and extend to $220.
$RBLX $BA $NFLX $BABA I OptionsSwing WatchlistRBLX 30M I RBLX is trading within a bull flag and so far its making a higher low on the 30M time frame. On watch on a breakout from our current downtrend pattern.
BA 1H I BA made near a $15 move from our watchlist entry last week. Watching for a break out above $219 with volume, or a bounce at the support line of our channel.
NFLX 2H I Picked up unusual options activity betting on NFLX $560c 01/14 @ $3.39. We are seeing a bullish divergence on the hourly. NFLX reports earnings on 01/20.
BABA 1D I BABA has dropped more than 50% from ATH levels. We have a massive bull flag on the daily chart. We'll likely see a retest of the top of our channel before next ER.
$RBLX levels (bat) Let's see, all details in chart, Had a 2/618 double top short that sold off at 50% retrace (most widely used short pattern in Inst. trading) Watching 618 level for bullish price action . Value is in the 786// 886 box, if triggered aim tp1, in this market use RR boxes take 1-1. 1-2 and 1-3 risk reward, Stay safe out there, selling is relentless at this point.
I lost how many Robux!?RBLX is a story of 2 charts as well so depends on your position. If your long and swinging it is not good at all. 4hr Charts have severe support breaks and this "bounce" is forming a bear flag. Now short term this support bounce looks pretty good RBLX needs to bounce above 94.95 and reclaim EMAS. Then it needs to hold as support for another move up. IF a rejection happens at the 94.95 level RBLX will see 92.19 followed by 82.15. Should have some good intraday volatitly for day trades
Roblox is at a major supportRoblox (RBLX) is at a major 2-month horizontal trendline support level = $93. Will it hold or break down to the downside? I'm posting this as neutral because of the potential short term upside entry, but with the potential long term downside risk. Here's the price levels on the 4 hour chart.
52 week high = $141.60
52 week low = $60.50
EMA233 = $94.15
EMA144 = $98.66
EMA89 = $102.57
EMA55 = $104.07
breakout = $129.15
R3 = $122.09
R2 = $115.02
R1 = $107.96
pivot = $100.90
S1 = $93.83
S2 = $86.77
S3 = $79.71
breakdown = $72.64
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
RBLX bullish into 2022! $150+The RBLX daily chart is starting to look great! If RBLX can hold $100 - $103 then we start to have a lot more room to continue higher and re-test all-time highs. Combine the great daily chart with the potential of the Metaverse in 2022 and we could easily see $150 by the end of 2022!
rblx analysis 30 minThe Elliott Wave Count proposed here contains very bullish structure and offers huge upside potential The 5 wave structure to the upside suggests a corrective move is to follow. A long out the 'dec poc' level along with the .618 retrace confluence is a very high probable trade if $RBLX cooperates.
$RBLX gameplan :)-Puts below $93.00... Got some nice support at this level bounced about 3 times from this lvl as soon as we break we have a gap all the way down to around $79.35 levels
-calls above $109.43... this is confirmation that this stock has bounced off support and we broke the previous weekly high then we have a valid entry