RBLX Head and ShouldersHead and shoulders setup for ROBLOX.
Look for breakout around the 36 level.
Looking for a drop to the 22 support zone.
Good luck! This is not financial advice.
RBLX trade ideas
RBLX PLAY WEEK OF 9/12$RBLX on the move last week (up 20%). Looking for a break above $46.05 for move to $48 and $50. A break down below $44 could move it to $42 level.
Calls above $46
Puts below $44
Roblox - Inverse H&S Right Shoulder Roblox has formed this nice inverted H&S
The right shoulder is currently forming
Following this a large up period will be experienced
This up period can be compared to the down period before the left shoulder event, its just up instead of down
$RBLX touched 0.5 fib retracement today37.50 the 0.5 fibonacci retracement and a zone of a previous battle field. Strong resistance. Let's see how it holds.
RBLX- Maybe forming a type of cup pattern.RBLX-
This has a long way to go, and I honestly do not see it going back up to ATH within the time frame of this cup trend line, but it might follow the path to a slight degree until it breaks.
Currently looking for it to test the 200 MA on the 4hr @ $39.72. Can see it rejecting but if the volume stays elevated, I believe it'll slowly follow the trend up. It was sold off pretty hard, might be time for this to come back north for a bit before finding a higher low.
$RBLX Extended pre-earning - Short after earning???!!Tracing $RBLX since 21.6 bottom - more than double in 3 months - Rumer's for beat earning but extended without re-test or uptrend confirmation - the idea to short after earning jump as RSI/MFI are overbought - if 52-53 showing strong resistance then possible short entry if passed 53 with higher volume then expect to fill up the gap between 59 to 66 so next move will be +/-20% from Friday close 49 - strangle option combo between 47/52 is my idea Call 52 Put 47
RBLX | InformativeNYSE:RBLX
If it breaks the white line then it's time to open the position accordingly.
(Personally I'm bearish and I opened SHORT position today)
*It's my personal idea and could be wrong 100%.
Roblox at resistance? Roblox
Short Term
We look to Sell at 51.37 (stop at 57.06)
Preferred trade is to sell into rallies. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 38.28 and 17.19
Resistance: 51.00 / 64.00 / 89.00
Support: 38.00 / 25.00 / 22.00
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RBLXPerfect retest of 0.236 fib level. Along with being in a downtrend, broke the daily RSI, daily MACD crossed over, almost closed under price line. Most likely will make a golden pocket retrace before pushing higher, but I wouldn't be surprised if it took out the lows. Already gone down significantly which would be a caution.
Roblox Corporation USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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By Sun Storm Investment Research & NexGen Wealth Management Service
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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.
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$RBLX going as plannedRBLX likes to play dirty tricks, but everything goes as planned. Nice retest, held the trendline, still moving in the battle zone rectangle. If we don't have retest on the general market, this could finally make its way to 200SMA and another supply zone around $60. I will set my stop loss below $45.
RBLXWeekly and daily RSI rolling over. Daily MACD crossed. Weekly MACD under 0 line. Daily price line holding for now, but tapped trendline today.
$RBLX breakoutRBLX is battling. Need to close above the 50. I'm a fan. 100EMA and 50EMA finally crossing. 200 still in the way. Have this one in close eye the whole summer! Trading in and out, holding for longer swings. If we close here and continue higher I can see 55 soon.
Robolox USASun 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 - Rejected at the confluence of supply, ATR and VMA
3 Day chart shows rejection, into the supply zone. Price back to the mid BB support. Watch for flag there for breakdown or reversal. No reason to guess which way it breaks.
RBLX ready to go?RBLX decline was fast and brutal. but like many names it has based and turned higher. I have no position and will stay that way until earnings are released. A break of the orange line is needed for me to have upside conviction.
$RBLX doing well in the battlefield. RBLX battlefield of supply around 50. Doing well so far. BUT there're earnings tomorrow some gaming stocks weren't doing so well this earnings season. Let's see.
$RBLX in a battle ground of supplyRBLX is battling a huge supply from April '22. Doing well so far. Could get choppy around there. Earnings next week. Will we see $50?
Roblox stock price and forecast 2022The stock has been dumped since last January 2022, losing almost 85% of its value. Per supply and demand stock analysis, we expect Roblox’s stock price to reach the supply imbalance of around $103 per share, where we should realise profits if we purchase shares of the stock. There is a medium-term bias with a lot of margin for profit on Roblox stock, with a potential rise of more than 100% in the following months. The supply and demand stock technical analysis attached does not say that Roblox will rally to the strong imbalance overhead without first pulling back. Stocks do not move in straight lines; be patient!
RBLXRBLX looks solid, breaks symmetric angle trend hopefully we may see 50's. Not an investment advice,... play at your own risk
RBLX finally broke outRBLX broke out after over a month of accumulation and chopping around 40-43.
Next targets are the supply zone around 50 and then gap fill around 59 and 200SMA around 61. Gap goes up to 66 so it's possible the stock will rally up there. We also have earnings on August 9th.
Roblox Corporation Levels of interest$RBLX levels of interest: 62$ - 50$ - 37$ - 33$
These are the supply and demand zones that act as support and resistance.
You must be aware of, Before buying or selling.
--TradeWise--
