RBLX H&S?Looks like the market is melting up which probably means this gets a gap fill for the right shoulder then down.
Just a guess, but I might buy some puts when it fills teh gap
RBLX trade ideas
$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.
No analysis here just long cause pelosi seems to insider tradeAlso a hedge against my ATVI bet. Hooking kids on the drugs early is how video games work, they stay with the franchises they trust as they grow old.
Bearish Trend on RBLXDoing some analysis for an investment I definitely made at the wrong time! A Bearish engulfing pattern forms in the indicated sector of the chart. We see a DOJI candle to open the market followed by a large negative engulfing candle. This is a sign of bear market for RBLX.
RBLXRBLX tried to break below today and failed. It is still in a downtrend. A break above the top trend line can give it some bullish momentum until then it is bearish.
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
Downward Trend - Lower lows ahead! Price action breaching 50% Fib extension and may indicate lower lows ahead as indicated.
Apologies if I am not all too active as i am focused on my other socials.
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...
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Inverted RBLX Chart -Potentially Spike to $113ish Before Reject(Opinion Only)
Strategically bearish until this is invalidated.
I have call spreads and am looking for put spread entry on any spike higher.
Goodluck.
$RBLX set up i warned you about drinking the juice after it was posted that some of congress peeps bought the dip. Detect divergence, be patient and watch for reversal and get in.... 100% returns for being right! @SPANKDADDYBABY
Downward momentum to $90Watch for break and CLOSE below $96 to confirm downward pressure. Hitting $90 would fill the volume gap (see visible range volume histogram on the right of the chart).
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 set up setup with targets up and down. divergence detected to downside on short term timeframes
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 analysisWhat a lovely bull-flag formed on the daily/4hr time frame, along with a nice 'B shaped' volume profile for the month of December (indication of buyer presence). Bull-flag + ABC correction + .618 volume profile confluence + 21/200 ema chanel = A+ setup.
$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
$RBLX Call BuyingRBLX seeing a lot of JAN 2023 100 calls bought bringing in the new year.
Technicals look bullish - Double bottom, VP support shelf, MOMO turning, RSI and Money Flow uptick.
First PT $109 with a break higher implying $116/$118 zone
Bears are eyeing the gap below and rightfully so, a break below and 80's come quick.
Respect the stop loss :)
Looks good for a swing and my bias is with Nancy Pelosi - to the upside
$RBLX - Potential gap fill possibleRoblox left a big gap back in November 2021. It resisted filling the gap the first time around. Now its heading back to the gap area.
The gap is too big to not fill. If the price breaks below $93 area, the gap might get fill at least partially at $85 or fully at around $80.
Target 1 - $85
Target 2 - $80
Risk - failure to break below $93 area.
I would wait until $85 - $80 area before going long. For now I remain on the side line and see how things play out.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
RBLX - Symmetrical TriangleWatching RBLX, it has formed a symmetrical triangle, which is a Bilateral Pattern (meaning price direction can move either way)
A break below 104 support RBLX could see a drop to $93 support - if price breaks above 113 resistance then it could test $120 resistance next.
Play Roblox The initial euphoric gap + bull-run seems to have rebalanced with selling pressure and a consistent adherence to the 50 period MA and fib levels
I’m swinging this to 115…
