RBLX - Ascending Triangle in DowntrendWeak pattern here but just noting the development of an ascending triangle after a significant downtrend. Given the context this pattern could be considered a (bearish) continuation pattern. If it turns out to be bullish then there's some resistance not far above.
RBLX trade ideas
$RBLX earnings today 👁🗨*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*
Recap: My team purchased shares of online video game company Roblox Corp $RBLX at $30.72 on 5/5/22. Our first take profit was originally set at $43 per share.
Today my team has averaged down on $RBLX at $22.25 per share. This brings our average down to $26.48. We do not think that $43 per share will be reached anytime soon, and so to be on the safe side we have established a new take profit at $32. This would be a 20.8% increase from our average.
First entry: $30.72
2nd entry: $22.25
Take profit: $32
Earnings are to be reported today after hours. We aren't expecting much, but we are willing to hold this one out long-term until it reaches our take profit.
Good luck to all today!
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RBLXInverse head and shoulders? W pattern on hourly. Both W pattern neckline and inverse head and shoulders neckline land around 33.50. With uptrending support at 32.50. As long as we remain above 32.50 this could be a bullish setup. Watching 33.50 potentially as an entry depending on how we react upon testing. Tarhet would be 45
Roblox USASun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Roblox collapsing? Roblox
Short Term - We look to Sell at 33.44 (stop at 37.68)
Preferred trade is to sell into rallies. Price action has posted a Doji candle and confirms a possible stall in the recent move. We look for price action to stay within the channel formation today. Prices expected to stall near trend line resistance. Offers ample risk/reward to sell at the market.
Our profit targets will be 20.91 and 17.19
Resistance: 34.00 / 50.00 / 75.00
Support: 30.00 / 20.00 / 15.00
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$RBLX — HE HAS AN 8 DOLLAR PRICE TARGET?! I bought puts on RBLX before the bell yesterday because my friend asked me to chart it up in the last second.
I think we have the potential to go much lower.
On the 1hr bars there is a "high heel" bearish pattern that would be active below support at 59.60 with $8 downside potential...
We also have formed a bearish "h" on the daily chart, which I'm showing in this post, so keep an eye out for karma to pay them back for essentially finding a legal loophole for child slavery lol.
Minecraft is better, too.
$RBLX buying the dip 👁🗨*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 purchased shares of online video game company Roblox Corp $RBLX at $30.72 today. Our first take profit is set at $43.
OUR ENTRY: $30.72
TAKE PROFIT 1: $43
TAKE PROFIT 2: $50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Cheap price, great returns!Wow.. I can not believe we are seeing this price.
Dont just listen to me, do your own research, but the fundamentals are strong, I'm super bullish.
Literally any entry point on this area is perfect, manage your own risk, but returns during the next months are going to be amazing.
What do you think?
$RBLX Key Levels, Analysis, & Targets (REQUEST)$RBLX Key Levels, Analysis, & Targets
I’m seeing a little bit of a bounce at the last known support from march. It is not a strong support and there are no other supports below so if RBLX breaks below 35.90 it could go into free fall until it finds support again.
If you have a position, I’d decide where you want to sell in case it keeps selling off.
And if you don’t have a position, I’d wait until the MacD crosses back above the centerline with conviction. And MacD on the Daily usually coincides with a break above the 35EMA… I would look for those two things before going long.
Target to sell would be in that gap (58-66)
For @bipssharma
Roblox USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
$RBLX - Consolidation atop SupportAfter breaking it's downtrend upon creating new ATLs, $RBLX has bounced aggressively and began to consolidate between two key price levels. ($43 - $53)
We are now currently resting on top of our $43 support level. A bounce from here would allow us to trade this name up to $53 and capture a 25% move, while a break and close below 43 sets us up for a nice short down to 36.
New investment alertOkay so this company is more like a little bet than a real investment. The reason for this investment is because this company is doing some moves in the metavers. This company has also dropped a lot and is looking to be a good buy for now at this price. This could a stock that I will hold for a longer time but if it keeps being this good in the metavers then I do think that we can see it going good and making some big moves and see the stock boom.
I am personally not to big invested into this company because it does look like a very risky investment but also one that could pay out really good.
Everything that you see on my profile is just for educational purposes only.
If you have any questions feel free to send me a message.