Today RBLX open with a gap up then just went sideways for the rest of the day now looking back i seen RBLX like to fill its gaps and i do mean 100% gap fill so if it get into the gap i only have one thing to say hold on tight and enjoy the ride
Getting ready to get a Short before the 44.50 area, so I can ride the short till the 41!
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...
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....
Before placing a strangle option on this particular stock, yesterday i was monitoring the options market for a possible outcome. And it was extremely interesting to see that the high conviction trades were slightly bearish: 5.2K Puts and only 2.3K Calls yesterday. And guess what happened at the earnings today: Revenue: $568 million vs $604 million...
$RBLX heading into 110 and lower. Trade Idea: - $RBLX Dec 3 110 Put @ 0.75
The earning report was a surprise, and it also highlighted the extend of the positions in the market. It is overbought, and way out of i's range of the regression channel. Strategy is SELL current or anywhere between $93-98 for a return to $ 60/share.
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...