RBLX boolish!
falling wedge
flag
MACD class c bullish divergence
bounce off major fib support
Safe entry wait for break above 85 for confirmation
RBLX trade ideas
$RBLX - Bullish descending wedge breakout watch!Potential to breakout from the bullish descending wedge.
Breakout point- $84
Target 1 - $86.50
Target 2 - $94
Target 3 - $100
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
RBLX don't miss the breakout!RBLX 4HR Chart
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TA
Nice bounce off 74-75 level with a nice retrace to the .618 of may lows & june highs (63.97-103.92). Filled the gap at 76.33 w/ a nice symmetrical triangle setup. Strong movement started today for breakout to the upside for a confirmed reversal. 76-78 dip I'd look to go long, targeting 100+.
Key Levels
Support: 74.60, 76.36, 79
Resistance: 82.45, 89, 93.50, 95.95, ATH
Ways to play:
1. Shares
2. Atm/ otm calls 2 weeks+ exp. contracts
volatile ticker and able to play 1-5 points otm, the further the strike I do recommend more time
Another trade on RBLX? 🤑🤑🤑I did a public trade on RBLX last month, which was a very good one, and now this one is back to almost the same price level I traded it on June21! This is interesting, but it is worth to trade RBLX now?
Do you believe that the line at 83.36 is still here? I didn’t move it since last month, yet it is still making a support us. And some people don’t believe in TA…
If we lose the 83.36 then we’ll see a pullback to the 77 – 78, but if we see a good pattern around here, it’ll be just another chance to trade RBLX!
We have no confirmation in the 4h, but it seems we have a small hammer. This could be the beginning of something great. I’ll keep you guys updated about this.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
ROBLOX - swing trading ideaRoblox is ready for a new upward impulse. Wave II reached a logical target. Breakout would be the start of a motive wave iii. Overall target is around 108 USD.
Cup & Handle formingLooking to see if it will break out past the 10 day average ($89). Then it might breakout. IMO
RBLX to the moon?$RBLX Bear count C wave target at $76-77 gap fill. Bull count targets at $94 and $100 after break of treadline
Trigger long > $89.30
Trigger short < $83
$RBLX | Inverse Head and Shoulders Retest$RBLX just retested the neckline of a bullish inverse head and shoulders pattern
Watch for a bounce to the upside
RBLXAre we forming the right shoulder? Keep and eye on the pullback zone, let's see if it holds......
Long $RBLX pt 2Trend is up,
Higher low established.
as long as trend remains intact:
98 nearterm
118 mid term
not financial advice.
RBLX Reversalbounce on 50DMA - Long RBLX
both NASDAQ:UPST and RBLX are on reversal stage. will add more position when it dip.
Is RBLX a buy?It could be but a more strategic entry is close to $77 where stop loss could be very tight.
