RBLXbullish engulfing bounce off .382 fib which was retrace bounce off .618 fib which was retest of pennant breakout, which ripped through 8/21 EMA and 50 SMA on exploding volume. stop loss should be daily close at the fib at $39.
RBLXD trade ideas
Roadmap to RBLXBlue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions.
RBLX Roblox Corporation Options Ahead of EarningsAnalyzing the options chain of RBLX Roblox Corporation prior to the earnings report this week,
I would consider purchasing the 35usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $2.46.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
RBLX presents 1H entry opportunity to buy for high rewardsNYSE:RBLX is in an uptrend, offering high reward opportunity on the long side.
Risk 0.5 per share
Position size 300 shares ( HKEX:150 total risk)
1st target 5:1 @45.66
2nd target 8.8:1 @47.56
I am placing an alert for when price approaches entry to adjust 1st target as per the price action at the moment.
If stop loss is hit and price goes back on my direction I will take the same trade one more time.
RBLX Long Shot Trade to the Upside
Watch price when it comes to the zone. Don't want to see consolidation below 3:1. Enter trade if conditions are ok. Long red candles coming straight to the zone is the best setup for this trade.
1st target - 1:1
2nd target 3:1
3rd target 5:1
Move stop to BE with price hitting 2nd. Trail stop 15min chart after that.
RBLX - Rising Trend Channel [MID TERM]- RBLX shows strong development within a rising trend channel in the medium long term.
- The stock is testing resistance at 47.
- Volume tops and volume bottoms correspond well with tops and bottoms in the price.
- The RSI curve shows a rising trend, which supports the positive trend.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
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.
