As the tech rally pulls back, expect an 886 retrace from bloxId be a buyer down at those levels. I do think there's a coinflip chance we get it. so not shorting, but waiting in cash.
RBLX trade ideas
RBLX rough ideathat's just a rough idea of what I see if RBLX breaks support
if it breaks I expect some Macro market maker pattern / Po3
NFA DYOR
$RBLX: Bears Winning The Brick BattleRBLX may see lower following the 27.5 handle being lost. It's hard to see bulls digging themselves out of this.
Is it time to Buy RBLX?
- As long as Price stays above $26, the stock favors bulls in terms of Risk/Reward basis.
- Price Targets for long positions are $32,$36,$40.
- close below $25 is detrimental.
- September usually is a volatile month so need to be careful with position sizing and stop loss
RBLX to fill the gapeTrade idea, RBLX will fill the gape as it did a few times recently. It is in oversold zone and MACD is turning bearish.
My levels to manage my RBLX long-term positionCopy & Paste from WSJ:
For the June-ended quarter, Roblox said revenue rose 15% to $680.8 million for the quarter while total costs rose 30% to $994.8 million. Daily users, hours of engagement and other key metrics were up from a year ago but net bookings and adjusted profit came in below Wall Street analysts’ expectations.
The results disappointed investors, though, partly because Roblox doesn’t provide financial projections.
“This is a company that’s hard to model,” Benchmark analyst Mike Hickey said. “It could’ve been a great quarter if they guided the Street.”
Still, the market reaction seems “a bit extreme,” said Roth MKM analyst Eric Handler. “We’re talking a 1% bookings miss and $10 million Ebitda miss off a very low number. That shouldn’t be worth billions of dollars of value destruction.”
Roblox isn’t a traditional videogame company. Unlike its peers, all of its games and other interactive content is made by its own users with tools the company provides for free. Its large and growing creator community ranges from hobbyists to professional studios, and they can earn revenue by selling virtual goods, advertising or both.
RBLX catch the falling knife +10%Roblox Corporation is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2022, the company employs over 2,100 people.
RBLX Long term Price TargetsPurely technical analysis, do your own DD on fundamentals. I personally like the fundamentals given that Roblox is the 28th most visited site in the world and has an exponentially growing user base. This is mainly technically based.
Few things you should watch for in the next 4 quarters:
- Yellow (27 DEMA) line is defended above Orange (129 DEMA) line
- Interaction with the IPO aVWAP
You really dont have a long term confirmation until three things happen:
1: Yellow ema (or price) moves above and comes back to check the orange ema as it moves up to support
2: Price starts trading above the IPO aVWAP
3: Price is accepted above 2022 Value area.
I will come back every few weeks to update this, but, short of a market crash, I like this bet.
This is a play for shares, you can do some options strategies if you buy an insane amount of time, but you'd likely have a better entry point in a few months.
I will close this if it ever becomes invalidated, we are not going to get married to this trade in the short term. If you want to invest long term (>4-5 years), these prices aren't bad.
RBLX Setup a little bull trap on the intial pop to 46 area. Caught me up which I was in around 42 averge ended up having to close it. I started nibbling again today. This is getting extremely tight. Personally I’m still thinking upside. Bears had a few days of leverage and bulls are fighting strong
Should see some pops up soon in my veiw. Once we clear 46 and hold above the brakout will be confirmed to rise up towards 52 then 73$. Profits will be taken off the table around 73$ stoploss for me will be around 36.40.
Calls idea - at important supportI'm taking same risk here. No buying signal yet but price is landing on an important support since dic 2022. Just a few calls, I don't want to risk much, If I see a buying signal I'll buy more. I think eventually price is going to break out the triangle. You can also buy a small amount and place your SL at $36.
RBLX - Key player in massive metaverse opportunitySlide 1 - Roblox Investment Thesis
- Rapid growth in users and revenue
- Dominant platform for user-generated gaming
- Key player in metaverse opportunity
Slide 2 - Financial & Operational Highlights
- Q1 2022 results: Revenue up 39%, bookings up 46%
- 49.5M daily active users, up 28% YoY
- Strong growth in key engagement and monetization metrics
- Cash position $2.5B
Slide 3 - Growth Drivers
- International expansion
- New revenue streams - subs, branded content
- Product innovation - voice, VR, education
- Highly engaged young demographic
Slide 4 - Efficiency & Solvency Metrics
Asset turnover of 0.4x lags gaming peers, room to improve
No debt and $2.5B cash provides financial flexibility
Slide 5 - Risks & Challenges
- Dependence on young gamers
- Privacy/regulatory concerns
- Increasing competition
- Need to maintain creativity
Slide 6 - Valuation
- Fair value estimates $50-60
- Institutions see 30-40% upside in next 2 years
- Some models suggest undervalued relative to growth
Slide 7 - Recommendation
- Buy rating due to strong growth and potential
- Key player in massive metaverse opportunity
- Risks seem manageable
- Would be core holding for growth investors
RBLX This is so close to starting its massive breakout! Closing above 45 holding as support should be the key breakout. Targeting 52$
First and 73 overall off this symtrical trinagke. Get ready for a big move soon! I’m averged at 41$ bouhhht more Friday
8/25 RBLX 'Jade Lizard' Trade IdeaBUY $52 Call 8/25
SELL $51 Call 8/25
-- --
SELL $37 Put 8/25
Credit $1.79
'Jade Lizard' trade, which is a call credit spread plus a short put such that that credit from the short put more than covers the max loss from the call credit spread. Hence no risk to the upside. This does go through earnings but the 'allowable' moves are pretty chunky (+/-20%). I will try to open this on 7/17.
$RBLX NYSE:RBLX
By applying the principles of Technical Analysis, certain guidelines can be followed for trading RBLX. If RBLX tests support, it signals a buy opportunity with a target set at resistance. Conversely, if resistance is tested, it suggests a short position with a target set at support. Regardless of the trade direction, the trigger point serves as both an entry point and a risk control measure.
These principles can be applied to Swing Trades, Day Trades, and longer-term Trading Plans. Real-time Trading Plans can be accessed to define these strategies for RBLX. For longer-term trading, consider buying RBLX slightly above 38.67 with a target of 45.92 and a stop loss at 38.56. To short RBLX, consider entering slightly below 45.92 with a target of 38.67 and a stop loss at 46.05.
For swing trading, consider buying RBLX slightly above 44.73 with a target of 45.92 and a stop loss at 44.6. To short RBLX, consider entering near 44.73 with a target of 41.99 and a stop loss at 44.86.
For day trading, consider buying RBLX slightly above 43.95 with a target of 44.73 and a stop loss at 43.85. To short RBLX, consider entering near 43.95 with a target of 41.99 and a stop loss at 44.05.
RBLX Inverse Head & ShouldersRoblox has seen a move higher with gaming-related stocks this week on the heels of creating an inverted head and shoulders pattern. Price is trending above all MAs(8,21,34,50,100,200) wiht the short MAs rising and crossing above the long MAs indicating a short-term bullish trend.
The PPO indicator shows the green PPO line rising and above a rising purple signal line indicating short-term bullish momentum. Both lines above the 0 level and rising indicates intermediate to long-term bullish momentum.
The TDI indicator shows the green RSI line rising and crossing above the 60 level which indicates a short-term bullish trend behind price, as does the RSI line trending above the purple signal line and trending in the upper half of the Bollinger Bands. The RSI line trending between 40-60 levels indicates an intermediate to long-term bullish trend behind price.
Assuming that price continues to move higher and closes above the neckline in the $48 area, a measured move will put our price target at $69. Measurement is taken from the lowest point of the head to the neckline which is roughly $21. Add that to anticipated opening price around the $48 above the neckline and we get $69 as our target and take profit level.
Buy price for me was at $43.34.
Stop-Loss is currently at $37.05.
I tend to wait for a close above the neckline before entering a trade, this trade was initiated a little early and prior to pattern confirmation making it a little more risky. Stop-Loss orders help to reduce risk, and on any single trade my total risk can never be more than 1% of my total portfolio; if I lose on a trade, the dollar loss can never be more than 1% of my total portfolio value.
RBLX - Resistance Turned SupportRBLX has broken previous resistance; now turned support. The following highlights key points
1. Breakout Candle; closed above resistance
2. Breakout Candle with above average volume
3. New Support Zone has been established
4. Major Impulse wave retraced to .618
5. MACD bullish
6. Target 1- Trendline Resistance
7. Target 2- Resistance area/zone ($46.30-$47.50)
8. Target 3- Resistance area/zone ($51.50-$53.50)
If price does not hold new support levels and price breaks(closes) below$41.50 then a possible retracement back to trendline support and so forth.
RBLXRBLX is retesting previous resistance at 43$, now acting as support
breakout was yesterday on high volume on some positive news
Zuck: RBLX Coming To META Quest App In Coming Weeks
targets on chart
stop below trendline
RBLX COVERED CALL?There is money up there? Wow. $12 higher than the stock price? GEEZE. Now granted it is over earnings, but I believe RBLX is one you could begin to leg into, own some shares of (because your kid is playing RBLX *right now* and eventually sell for higher than it is presently.
Roblox Ready To Make Moves? Good risk reward set up to long at this level.
See chart for stop loss and target
Trading RBLX to the $65 zone using 50c expired in AugustRoblox is an online gaming and entertainment platform that offers a shared digital experience that brings people together through play.
During the crash in 2022, it bought TriplePlay and Hamul and invested in Clockwork Labs. According to TipRanks, the average price target is $43.67 with a high forecast of $55.00 and a low forecast of $23.00. The average price target represents a 3.73% change from the last price of $42.10.
