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RBLX

$RBLX Roblox Head and Shoulders Inverted Pattern$RBLX has formed an inverted head and shoulders pattern which is a short term bullish reversal sign. The stock has been fluctuating between $78 and $64 since IPO in March. The stock formed an inverted head and shoulder pattern and confirmed upward breakout yesterday crossing the neckline price of $75 per share. Left neck is lower than the right neck which is one of the main characteristics of head and shoulder pattern.The stock has tested the resistance line on 11 May but couldn't break above it. It made a partial decline forming a head and we know that partial declines or partial rises are usually a sign of the change in the trend. Volume has shaped U pattern which also pretty common in head and shoulder patterns. Even though there are strong signals and confirmations of a bullish trend I would suggest to wait for the final confirmation of resistance line becoming support line. If the stock breaks the resistance line and trades above the line for few days open a long position. 1st price target is $85 for the next 45-60 days. 2nd price target is $100 till the end of the year This is a new stock and statistics might be misleading. Overall the stock has a great potential as its a game changer in the gaming industry. Good luck and trade smart! (not a financial advice) Please like and share if you like my idea.
NYSE:RBLXLong
by faridisayev
2
$ ROKU $RBLX $UAL $C I OptionsSwing WatchlistROKU 15M I ROKU has been squeezing tight after reporting earnings and it is trading within a wedge on the 15 minute time frame. RBLX 15M I Performed well after its recent earnings and investors are seeing as more than just a game. Looking to trade a breakout from the current downtrend. UAL 4H I As CDC softens its rules the travel industry gained some territory today. UAL is looking to break from a bull flag. C 15M I Watching C break above ATH levels.
NYSE:RBLX
by optionsswing
1
RBLX back to 75+?RBLX 1HR Timeframe - RBLX had a nice breakout of the downtrend 2 weeks ago and a rally to new highs, price has seen a nice correction, retesting that downtrend and bouncing perfectly. Some bullish option flow coming in and with this strong close today at high 71 level, we could see a possible impulse move to 75+ by end of week. Currently has some strong downtrend resistance (green line). A break over 72-73 level and hold would confirm a reversal to the upside. If we see see a slight sell off during pm I will look to buy the dip for some weekly call options. Under 69.16-68.60 would indicate more downside. Keep in mind there is a going to be lots of volatility (short term) with this name. Currently holding 71C, 75C weeklies, 70-77 weekly calls (lottos, high R/R), next week or May contracts would be safer don't recommend leaps on this just yet.
NYSE:RBLX
by jUiCE_Trades
1
My #tradingview Win-win-win covered calls & naked puts on $RBLX This is my new go-to this year for options trading, I own shares in $RBLX, so as the share price goes up, my shares benefit.... Also since options just released for Roblox, they are all over priced, so I'm selling covered calls that expire in 3 days and collecting $240 each call. Also in combination I'm selling a naked put expiring in 3 days at $65 (and I'm defs 100% ok owning RBLX at $65) for extra premium collecting.
NYSE:RBLXLong
by leongaban
2
RBLX IPO (ROBLOX CORPORATION)Roblox is an online gaming and entertainment platform for a shared digital experience that brings people together through play. It enables anyone to imagine, create, and have fun with friends as they explore interactive 3D experiences produced by developers using their desktop design tool, Roblox Studio. The company is backed by Altimeter Capital, Dragoneer Investment Group, Investment Group of Santa Barbara, and Warner Music Group. The San Mateo, California-based company was established by Erik Cassel and David Baszucki in 2004. Roblox Registers With SEC for $1 Billion IPO Video game company Roblox has filed a registration statement with the Securities and Exchange Commission for an initial public offering of $1 billion of class A common shares. The company, which also offers a platform for creating games, is seeking to list its shares on the New York Stock Exchange under the symbol "RBLX."
NYSE:RBLX
by MavRich_Trading
1