Reasoning : RBLX had a strong gap up on fundamentals and recently pulled back driven by the market weakness (Omicron, Fed Taper, etc.). The market gapped higher this morning and we could see a Santa Rally into year end if the strength continues. RBLX is also a big player of the 'metaverse' theme which is very hot right now. Trading Plan : Enter RBLX on a...
If SYY breaks below yesterday's close, there's room to Gap Entry at 71.35. Next pivots going down would be Gap Fill at 70.91 then 69.87 pivot.
If PBYI breaks through 100SMA Support at 57.30 there's room to move to Pivot at 60.95. If PBYI rejects 100SMA Support then it could fade down to 50SMA at 52.65.
If OSTK holds above after hours Pivot at 44.60 , there's room to 200SMA at 48.50.
SFLY could fade down to support at 76.45 if it rejects the LOD at 78.50.
If UVV rejects 100SMA at 57.75 it could move down to 200SMA at 55.05. Otherwise could head towards Pivot at 62.05.
If FOSL rejects Gap Entry at 23.70 it could fade down to 100SMA at 21.48.
S/R Zones post large gap down. If it breaks down 200SMA (120.35), could head towards first support at 117.
S/R Zones for ROKU post earnings gap 8/8
First Publish - Test 1 Descending wedge on DISH. Let's see what this does in the next few weeks.