RBLX - if holds 43 then $47 possibleRBLX - Stock up 7% today and looking strong for another leg higher. Stock has next resistance at $47 with small resistance at $45. Calls are good as long as $43 holds. Stock is strong on indicators as well.
R2BL34 trade ideas
Roblox - RBLXGreen yearly levels are stronger than pink monthly levels which are stronger than grey weekly levels which are stronger than red daily, orange 4hr and yellow 1hr timeframes.
if a strong reaction relative to its level is not seen when it is expected it is failing to the next nearest strongest level.
7/31/24 - $rblx - again you can do better w/ less risk elsewhere7/31/24 :: VROCKSTAR :: NYSE:RBLX
again: you can do better w/ less risk elsewhere
feel compelled to recycle this logic, because my sentiment has not changed at all.
- would like to own, let's clear the air, but nowhere NEAR where it's trading
- if i give credit for "80 mm" of yoy cash gen each Q this year that gets me to 380 mm of "FCF" (in quotes b/c 100% of it is stock comp, but let's just ignore that elephant for now), round up 400 mm on 25 bn mkt cap. that's sub 2% yield
- what's better? e.g. META. you're growing faster, nearly double the cash yields, as one example. even *that* one isn't obvious into EPS print let's say
- basically the stock has filled the gap (in this case really a hole) from the last release.
- the google trends remain downward sloping which while not totally indicative, are helpful to gauge:
trends.google.com
honestly, if you're long this thing - i'm rooting for you - but at the same time i'm genuinely surprised it's recovered so much from the last print to where we are today. perhaps it could get taken out (you could say the same of a lot of stuff lol) and that's not really bullet point #1 in most investment briefs.
just be careful, k?
V
Just bought someLooks how many times has tried to break the 45 level. Also has been consolidating for a long time. Now is sitting on the 42 level, not a very important support but could be enough to push another try and break out. I don't have a SL here, even is the 42 level is broken down there is another support at 35. I would buy more there. First target 53, then will see.
RBLX Earnings Play?Roblox looks ready to test down trend and explode hight in wave 3 possibly from earnings catalyst. Looking for price near $65 in the coming months. NYSE:RBLX
RBLX longI think this 4h downward trend line is pretty important. If it breaks upwards, there's a good chance we'll see more growth. It would be great if the volume picks up during the breakout. That would give more confidence in a higher chance of a positive trade.
Oh.. Hey $RBLX NYSE:RBLX 6/7 Leader
Lately it seems that the rotations into small/mid cap stocks are underway, what gave this information away was when AMEX:IWM (holds small/mid-caps) started to outperform the rest of the market. This means that if money is picking up small/mid-caps then we want to position into the tickers that from a structure point of view are leaders, so we can catch a longer bounce when they start to outperform. NYSE:RBLX meets this criteria, not only is it outperforming some other arkk names but from a momentum point of view there is more room to the upside.
Some cons of this trade are the ITM strikes are call heavy, and there is a call wall at the $34 strike. So, any further continuation may be short lived.
The plan is to buy ITM $33 calls expiring 6/7. Entry is market open (wait to see if we set a new low within 15-45 mins) if a new low is created don't buy and wait to see if we eat up the sellers. If we have good strength when we open, then we can take the trade. Add another contract at market close, 1st TP is when your original contract is up 50-70%.
RBLX Deeply Undervalued LONGRBLX on the 4H chart is presently at the low extreme in its trading range over the past six
months with the VWAP bands and volume profile overleaid. Pivot highes in the winter were
in the 46-47 range while the 2023 pivot low was 25. RBLX is a kid's favorite and compets
well with the other competing gaming setup. At present price touched 26.75 on 4X relative
volume ( selling). This is an obvious bottom. I will puck up a long trade here targeting
the VWAP and POC lines at the range of 37.50 to 39.50 and so seeking a profitable trade of 20-
25% overall in two pieces at the respective levels. Call options will be entertained if
there is sufficient volume to support ease of liquidity.
No More Robux? Not quite... NYSE:RBLX lately has been getting hammered. Even after having great earnings on May 9th, NYSE:RBLX can't catch a break. Today a flow order came in hammering calls on the $32.50 strike. With this presented to us the best assumption we can make is the Market Makers will not want this stock higher than the $32.50 strike by the given expiration date (5/31).
Best play here is to enter puts at/around the $32.50 strike
Roblox Stock Dives 29% as Firm Misses Q1 Revenue EstimatesRoblox ( NYSE:RBLX ), an online gaming platform and game creation system, missed analysts' expectations in Q1 CY2024, with revenue up 22.3% year on year to $801.3 million. The company's next quarter's revenue guidance of $867.5 million also underwhelmed, coming in 7.6% below analysts' estimates. Roblox ( NYSE:RBLX ) made a GAAP loss of $0.43 per share, improving from its loss of $0.44 per share in the same quarter last year.
Roblox ( NYSE:RBLX ) is best known for its wide assortment of user-generated content and is best known for its wide assortment of user-generated content. Video gaming has gradually taken more share of entertainment time since the 1970s, with ubiquitous mobile devices driving a surge in "snackable" games that can be played on the go. The business models of games publishers have become less volatile due to digitization of distribution, in game monetization, and an increasing dependence on surefire hit franchises. Covid-driven lockdowns accelerated adoption and usage of videogames, a trend that has not slowed.
Roblox's revenue growth over the last three years has been mediocre, averaging 15.2% annually. This quarter, Roblox ( NYSE:RBLX ) reported decent 22.3% year-on-year revenue growth, falling short of analysts' expectations. Guidance for the next quarter indicates Roblox ( NYSE:RBLX ) is expecting revenue to grow 27.4% year on year to $867.5 million, improving from the 15.1% year-on-year increase it recorded in the comparable quarter last year. Ahead of the earnings results, analysts were projecting sales to grow 49.5% over the next 12 months.
Roblox's Q1 results struggled to find many strong positives in these results. Its full-year bookings guidance of 15% year-on-year growth missed analysts' expectations, and investors are punishing the stock because management said it would grow at 20%+ annually for the next few years at its November 2023 Investor Day. On top of that, Roblox ( NYSE:RBLX ) announced it would start calculating adjusted EBITDA differently, raising some questions. Overall, the results could have been better. The company is down 29.3% on the results and currently trades at $27.6 per share.
Roblox ( NYSE:RBLX ) cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The company's shares fell 18% in premarket trading. The gaming industry is grappling with lower engagement, which is expected to keep growth in the PC and console market below pre-pandemic levels through 2026, according to research firm Newzoo. The number of hours gamers aged 13 or more spent on Roblox's platform grew by 19% in the first quarter, the lowest growth rate for the company in about two years.
Roblox ( NYSE:RBLX ) has turned to digital ads to diversify its revenue. Earlier this month, it started displaying virtual billboards featuring content from brands such as Walmart (WMT.N) and Warner Bros Discovery (WBD.O).
5/8/24 - $rblx - you can do better w/ less risk elsewhere5/8/24 - vrockstar - wow i'm not really a bear b/c the dollar denominator is a dumpster fire forever... but i'm writing again to warn that 6x sales for mediocre mgns (they should be MUCH better given it's a lot of UGC in this biz) and pretty poor cash generation requiring multi-year-legs of growth is simply not ownable in this tape. the stock since last print is looking v unhealthy (do yourself a favor and divide this one by QQQ to see the true comp of performance - frankly you'd best sell here and buy Q's and i'm not even sure that's a great idea at this moment in the month - that's another conversation, however). Again, i'm not actively shorting this print, but if i owned the stock I'd be dumping it now. Hard to dip buy a miss here. frankly the stock's probably worth sub $25. we can debate this in comments if you'd like. i'd like to own it, but at this valuation for the last year and a half... (the stock price is flat - be honest - you'd lost purchasing power), the valuation is not cheap... your risk reward is very poor heading into this print. stock is acting w a lot of hope here.
RBLX Roblox Corporation Options Ahead of EarningsIf you haven`t bought RBLX before the previous earnings:
Then analyzing the options chain and the chart patterns of RBLX Roblox Corporation prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ROBLOX 46 AFTER EARNINGS ? Q1 2024 Performance:
On February 7th, 2024, Roblox Corporation reported its first-quarter 2024 financial results.
The company’s earnings per share (EPS) for the quarter were -$0.52, surpassing the consensus estimate of -$0.57 by $0.05.
Roblox’s revenue during the quarter was $1.13 billion, exceeding analysts’ expectations of $1.05 billion.
The company’s revenue growth was impressive, showing a 25.3% increase year-over-year1.
User Engagement and Growth:
Roblox’s success is driven by its strong user base and developer community.
The platform witnessed significant growth in average daily active users (DAUs), which surged by 79% to 42.1 million.
Hours engaged on the platform reached 16 billion, reflecting a 20% year-over-year increase.
Bookings grew by an impressive 161% year-over-year.
Analyst Expectations:
Analysts at Roth MKM maintain a buy rating on Roblox shares and have set a price target of $554.
JP Morgan analyst Cory Carpenter upgraded Roblox from Neutral to Overweight, raising the price target from $41 to $48. Carpenter highlighted the company’s consistent bookings growth over the past four quarters and projected first-quarter bookings of $927 million5.
Market Confidence and Future Prospects
Roblox’s innovative platform, expanding user base, and strong financial performance have instilled confidence in investors. As the company continues to enhance its offerings and attract more users, its stock price may continue to rise.
ROBLOX About to head to $48+ over 1-2 Months?ROBLOX is about to head to $48+ well in theory if .618 is held at 33.50 and change, then 60.93 is likely by July!
TipRanks has the average analysts predictions at around $50, which is also a key level at $48-$50
RBLX - Trades to take within the larger tradeThis is why I love swing trading - you can be in a HTF long trade while still making money on the pullbacks.
Follow along for continued analysis
Happy Trading :)
- TraderDaddyOG
Looking Immediately bullish on RBLX.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
RBLX - Updated analysis for expected pullbacks and trade entriesThis is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond.
Happy Trading :)
- TraderDaddyOG
One word - RBLX! Our pick of the month is officially on its wayWhen I put out a video of this last week, the main reasoning was our sell-side tapering and clear liquidity building within our tapered orange selling channel.
We are now well on our way toward a HTF breakout and have a fully bullish outlook.
Happy for all who joined me on this move!
Happy Trading :)
- TraderDaddyOG
$RBLX Roblox Bearish to Bullish Reversal Trend Line BreakNYSE:RBLX Roblox Bearish to Bullish Reversal Trend Line Break. The technical analysis for Roblox indicates a transition from a bearish to a bullish trend, marked by a breakout above a key trend line. This reversal suggests a shift in market sentiment from negative to positive, potentially signaling further upward movement in the stock's price.
RBLX - Updated analysis to my Pick of the Month!I put out analysis on this trade on Friday and am still a believer in this stock longer term! Good signs on Friday off of a yellow pickup and looking to retest that more tapered blue selling algorithm before a continued activation by yellow and breakout toward the top of this daily IH&S.
Stay tuned, Happy Monday, and...
Happy Trading :)
- TraderDaddyOG
RBLX - 25 R:R Trade opportunity incoming. + Massive Daily H&STapering Tapering Tapering!
Looking for a buying continuation activation and breakout of our controlled selling algos.
If you look on the daily chart as well, you'll see a massive (beautiful) Inverse H&S pattern forming.
Happy Trading :)
- TraderDaddyOG
