its trying! needs some volume to come in 🐒watch for break of 39.16, rally to 45-50 can come if we break long trigger..
Boost and follow for more 💛
R2BL34 trade ideas
Buying some RBLX here for the LONG TERM ACCOUNT Nothing huge - but a nice spot to accumulate a few more shares.
Buy low, sell high :-)
Lowering the DCA a tad.
RBLX SHORTRBLX hit a resistance zone and didn't follow-through it's break. Could result in downward pressure over the next few weeks. Time will tell.
Ascending TriangleNeutral pattern until broken.
ES with a break of support and a trend in that direction. (Targets in orange with T1 in larger type than T2)
EL with a clean break of the top line (Resistance) and and uptrend. (Targets in green type)
A stop can be placed under the bottom line which is support if one were to go long or over the resistance line if one is short.
Short interest is around 6.5%
No recommendation.
Will RBLX fall into the gap 🤔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
more upside to come ? RBLX Looking at the weekly chart i nocitchs a double bottom setting up so im keep my eye on this for some time to come it still have away to go before it make it to the breakout level of $54 so put this one on your list
RBLX SWINGTRADE I LIKE THIS GAP!! I like this volume. :-) I am in some shares already in the LONG TERM accounts, but I do dig this as a swing trade. Lets see what happens :)
RBLX - Price Targets & Stop Loss📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red = Stop Loss
🟢 Green = 1.2:1 Risk Reward Ratio
🟡 Yellow = 1.5:1 Risk Reward Ratio
🔵 Blue = 2:1 Risk Reward Ratio
👀 So what are we looking at today…!!!
🚨( RBLX ) Roblox Corporation🚨
Roblox Corporation develops and operates an online entertainment platform. The company offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D digital world; Roblox Education for learning experiences; and Roblox Cloud, which provides services and infrastructure that power the human co-experience platform. It serves customers in the United States, the United Kingdom, Canada, Europe, China, the Asia-Pacific, and internationally. The company was incorporated in 2004 and is headquartered in San Mateo, California.
RBLX WKLY Block Buy 8.5:1See chart. Could take out the SL but that 21.40 is where mine would be. This is for demo purposes only. NOT A TRADE CALL - wkly blocks if buyers step in this is a good place. I would look for a TRUE ENTRY on the lower TFs for better entry point - 60/15 are the bread and butter for a FVG setup to form and give the signal. I will trade this with paper only.. do not like these atm -- very speculative. RR is super nice though.. Lets see
Descending TriangleNeutral pattern until broken.
Good news event.
The top trendline is resistance. The bottom is support.
No recommendation.
You can measure the height at the wide end of a triangle, then project it up or down from the point of the break out.
There are other ways to guesstimate targets for triangles.
Ascending, Descending and Symmetrical Triangles are all
neutral patterns until broken.
$RBLX - Continuation of Stage 4?Dear all,
In a weak market, I look for stage 4 breakouts and continuation pattersn (based on the famous Stan Weinstein).
I try to look for bear flags that fall together with downsloping 50 day sma (or at least very close, a few %s).
Roblox had a gap down 15dec on big volume, price is now trying to fill the gap.
While it is trying to fill the gap it is forming a potential bearish flag.
If the gap is filled, price would coincide with the decling 50dma, AVWAP from recent high and the downtrending resistance line (since august).
When this point is reached (and only when), and price is resisted at the 50dma or breaks the flag, this could be a good entry for buyings some puts (3 months out).
Possible stoploss could be the long term downtrending resistance line or 50dma.
Things to consider for a stage 4:
- weak overall market :check
- declining 30 week Ma :check
- declining 10 week Ma :check
- 10 w underneath 30w :check
- Loss of trendline :TBA
Extra reasons for stage 4 decline:
- Big volume on down days
- Gap downs
- Resistance of AVWAP of important dates
Roblox LongRoblox has broken up a bit. We will see how it behaves around the up trend line. If we can get through $30 I think we have a clear move up to the $32-$33 area. A counter thesis would be a strong rejection off the $30 mark. Rejection would mean a test of support around $28.
RBLX 9/29/2022RBLX
Empty “Blox”.
Daily chart Analysis
This one touched 140.00 end of Nov.’22. Today, it closed at 35.38.
That’s almost a -75% drop! This will have to move up 296% from current price to break even!
The “bag holder” will tell you they’re in it “long term”. Aside from not being able to assess market value, they also don’t value their time smh.
After reaching all-time highs of about 140.00, a downtrend took price to all-time lows of around 24.00.
During the downtrend, price has been under the 200ema and respecting the 50ema.
After finding support at lows of 24.00, price bounced and broke thru 50ema. This put a momentary halt to downtrend
Price continued to move up until it ran into dynamic resistance from 200ema. Price was shot down but found support at 37.65.
Price managed to bounce from 37.58 but failed to break above previous highs.
We then had lower highs into support area of 37.65.
The pressure from the lower highs helped price break thru support at 37.65.
Price has since pulled back and turned 37.65 from support into resistance.
With an existing downtrend and a broken support level, price will look to continue downtrend. This is my cue to enter trade short.
Taking swing trade to previous lows.
Entering trade short.
Entry: 35.31
Stop loss: 41.50
Target: 24.66, +30.16, 1.72 RR ratio
RBLXAs of end of day RBLX is holding the the 9 and 200 ema and vwap. We are sitting at a pretty big support zone so we could see chop from 31.64- 31.80. If volume comes in then I can see this moving a little bit. Im not bullish until we are over 32.25, Im not bearish until we are below 30(we have a lot of support zones on the downside I just didnt chart them use BJ key levels if you want to get support and resistance zones). Expect chop stay safe out there fellow traders, we just need to stay alive in these markets so that we can thrive when its not choppy.
RBLXCould go either way, after market is showing signs of a bearish break, If we break below this 33.16 during pre market, then for the 32.61 level. If you look on the 3hr you can see we are in a double bottom pattern, so if RBLX is bullish tomorrow then I would want to see us test yesterdays high at 33.57 with momentum to confirm that its bullish. Gap fill between 33.57 and 34.42 so I would expect price to bounce within there. Chop is expected, be planned and prepared.
RBLX This is a killer range here short term on RBLX 33.43-33.38 as it was previous reistance multiple times. Def something to keep an eye on. Could be a decent area to slap some shorts with stops up looking for a pull back to 32s
If 32s hold up might be a sweet place to look for another long back up to 34.70s. There is a target there but I do think we pull back and consildate a bit as spy is reaching a technical reistance
RBLX Looking like it’s attempting a breakout of a descending trinagle. So far it came back to tah the 30.95 area as support. Could need another test of that to confirm for certain. If we do confirm and stay above this could be setting up for a 34$ target. I have found some potential downtrendinf reistance which I market as 33.16 to watch first as big reistance. This could be a nice swing trade for us. I went long this am at 30.11 as I spotted a W pattern forming that I planned to risk 50 cent per share on the entry. Good luck hope this helps
Roblox A downward trend broke out!Hello everyone,🙋🏾
⭐️Here again, Romluck with a new trading idea, Trade inside the channel.💡
⭐️ About Roblox Corporation develops and operates an online entertainment platform, The company was incorporated in 2004 and is headquartered in San Mateo, California.
⭐️David Baszucki is the founder and CEO of Roblox.
What I see:👀
A downward trend broke out👍
Supported on trend lines👍
Trade inside the channel👍
After a drop of about 80%, the downward trend was broken and now we are shuffling sideways.
First support at $29.
First resistance at $38
followed at $48.
An expected profit of about 20 dollars per share
⚠️Don't get excited! Do not be tempted! Easy money only exists in dreams and movies!⚠️
You need to make an entry and exit plan and a stop loss!
I chose to use a moving average of MA150 days back, it is recommended by many analysts and for the medium-long term work with MA150
⭐️ Want to be exposed to the stock indirectly? Choose an ETF..for example
METV - 6.8% Holding percentage in the fund
NASDAQ:VR - 6.4% Holding percentage in the fund
ARKF 1.54% Holding percentage in the fund
The trading ideas I find are after searching and investing time.
Thanks for the like and comment.⭐️
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️
There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun💃🏿
lets see if support zone holds 🙈bounce from this support should send it back to local trend resistance.. break of 30 is bad news for longs! so we need to hold that if we want to see some bounce action.
Drop a boost and follow for more <3
Roblox in expanding wedge.Roblox - 30D expiry- We look to Sell at 40.68 (stop at 43.71)
Price action has formed an expanding wedge formation.
The trend of higher highs is located at 41.00.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The primary trend remains bearish.
Expect trading to remain mixed and volatile.
Our profit targets will be 33.33 and 31.33
Resistance: 38.00 / 40.00 / 42.50
Support: 34.00 / 32.00 / 30.00
Disclaimer – Saxo Bank Group.
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Support held/breakout or spiral downWatching if price can hold support as indicated similarly to past price action for upward momentum. Otherwise, the bears might come in hot very shortly support breaks.
