$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
12/19/21 RBLXRoblox Corporation ( NYSE:RBLX )
Sector: Technology Services (Packaged Software)
Market Capitalization: 59.273B
Current Price: $102.40
Breakout price: $103.50
Buy Zone (Top/Bottom Range): $99.80-$93.50
Price Target: $123.80-$126.00
Estimated Duration to Target: 52-59d
Contract of Interest: $RBLX 2/18/22 115c
Trade price as of publish date: $9.00/contract
Roblox Analysis 16.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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How far RBLX could go down?Today RBLX runs out of steam, distanced -12% from the top, and filled the gap!
I think this overwhelming sell-off will continue and could push the price down to 100-110 once again!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
This is the Dump!The candle in the first 30 minutes shows that the dum has just started!
WSB will dump it from now on!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
A review on November 22 post!Please review the post on November 22, 2021:
Title: The overwhelming pressure of Sellers! (This post was not public)
these charts have common features:
1-They are all Giant Tech companies! (except RBLX )
2- They have above-average price volume!
3- They had a bullish rally recently!
4- They start the day well but closed at the lowest daily trading price!
5- They are among the top 10 daily Price Volume leaders!
6- They made long upper shadows and some made a long bearish engulfing pattern!
Having said that Do not expect good days ahead for techs!
Corrections seem inevitable!
All correct except AAPL..! All prices decreased 4-12% in the past 2 weeks!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Roblox will fall nextRoblox failed to breakout of $130 multiple times and dropped back under $120. It tried twice to recover above $120 and failed. It’s showing weakness and holding near the 50 day line. If $110 doesn’t hold then it will fall, which I believe it will very soon. Short any rips. Go long near 92. $RBLX
If you like this then follow and give me a like, thanks!
$RBLX $AAPL $U $FB I OptionsSwing WatchlistRBLX 15M I RBLX is down near 20% from recent highs. $112 is acting as support. Watching for a breakout from the current downtrend on the 15 minute time frame.
AAPL 15M I AAPL showed strength the past few days as it managed to outperform its sector and QQQ. We are seeing a double bottom so far near the $160 level.
U 1H I Unity has been on a free fall and has shed 30% of its value in days. Expecting a retest of our trend on the 1 hour time frame. There is a slight div on the RSI.
FB 15M I FB has entered a bear market after falling more than 20% from ATH levels. Seems like $300 is a psychological support level that was defended last week.
$RBLX Bearish trade$RBLX is looking at a average Analyst price target of roughly $114.80, with a possible fall of 10% if we are looking at the analyst rating as a reference. www.tipranks.com
There is a new channel forming which price can bounce around in if we cant break the resistance level that has been touched multiple times (see blue circles on purple resistance line).
There are a number of macro events at play this week, as well as multiple competitors entering the metaverse space.
$RBLX Dip Opportunity!- We are starting to build a trend off the 9-day ema and we are looking to continue the uptrend as long as we hold.
-looking for a bounce next week and $RBLX should be on it's way to head to new highs soon
-We bounced several times off the 9-day as the support line gets stronger and stronger by the day.
-Looking to take some long positions as long as we don't fall to hard below