RBLX - Why am I not shorting this when everything is dumping?The algorithms built into this chart tell me everything I need to know. Bullish trajectory, bullish movement - and if you remember my RBLX videos from 1 year ago+, this is a great company and all that liquidity that was built in the $20's/$30's/$40's was not for nothing!
This chart, in my opinion, is poised for a continuous breakout once we grab further liquidity from these demand zones, fill the necessary gaps, and proceed to build bullish liquidity.
Outside of the all-important algorithms, obviously we need to be investing in companies with strong fundamentals - and this, to me, is one of them.
To reiterate, I am looking for an entry here in the low $40's at our daily gap fill and strong HTF demand zone.
Happy Trading :)