RBLX...gap covered. is downside over?Roblox Corp. has retraced all the move since the breakout of last November folliwing its earnings call. A couple of days ago it covered the gap (purple) left back then and has started to move higher. The Yellow line ($77) is the level to watch in the next few days, this area needs to hold in order to think that the correction is over and a break of the blue trendline could be confirmation of it. Keep an eye on the technology sector and other metaverse stocks for guidance while we wait for new signals.
