Roblox Game – Roblox Corp (RBLX) Trading Report | Zoom Fintech

Source: Daily Stock Exchange Traders

Longer term trading plans for RBLX
  • Buy RBLX above the target n / a stop loss @ 0. Details
  • Summary technical data tells us to buy RBLX near, but there is no current bullish target in the summary table. In this case, we have to wait until a summary table update has been made (which usually happens at the start of each trading day), or until the position is stopped. The data tells us to set a 0 stop loss to protect against an excessive loss in case the stock begins to move against the trade. is the first level of support below 77.91, and by rule, any test of support is a buy signal. In this case, if the support is tested, a buy signal would exist.

  • NOTHING . Details
  • NOTHING .
    There are no current resistance levels in the summary table, and therefore there are no short resistance plans that tell us to short stress tests. Resistance levels have broken through upper levels, and unless the action reverses below support levels, short positions look risky again.

Swing Trading Plans for RBLX
  • Buy RBLX on n / a, target n / a, Stop Loss @ 0 Details
  • If n / a starts to break higher, technical summary data tells us to buy RBLX just above n / a, with an upside target of n / a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n / a is the first resistance level above 77.91, and by rule, any breakout above resistance is a buy signal. In this case, n / a, the initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short RBLX near n / a, target 75.19, Stop Loss @ 0. Details
  • Technical summary data suggests a short sale of RBLX if it tests n / a with a bearish target of 75.19. We should have a stop loss in place at 0 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, n / a, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Daily trading plans for RBLX
  • Buy RBLX Above 78.97, Target 80.36, Stop Loss @ 78.79 Details
  • If 78.97 starts to break higher, technical summary data tells us to buy RBLX just above 78.97, with a bullish target of 80.36. The data also tells us to set a stop loss @ 78.79 in case the stock turns against the trade. 78.97 is the first resistance level above 77.91, and by rule, any breakout above resistance is a buy signal. In this case, 78.97, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short RBLX near 78.97, target 75.19, Stop Loss @ 79.15. Details
  • Technical summary data suggests a short sell for RBLX if it tests 78.97 with a bearish target of 75.19. We should have a stop loss in place at 79.15 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 78.97, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

RBLX Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Weak Neutral
P1 0 0 BE MISTAKEN
P2 78.97 75.19 0
P3 82.60 80.36 0

RBLX Day Trading Analysis for August 6, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Roblox Corp (NASDAQ: RBLX) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for RBLX change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if RBLX is testing the surface of support buy signals, and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading and long term investment plans for RBLX as well. All these elements are proposed under the summary table.

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Fundamental graphics for RBLX


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