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Anyone else finding $RBLX tricky near 50?
Been watching $RBLX hover around the $50-$51 mark today, currently at $50.13. It had a nice move up from $48.6 earlier but seems to be struggling to break out decisively. Curious if others are seeing this as a consolidation before a push higher, or if this is resistance setting in. Any thoughts on the range it's playing in?
2 comments · 26 points
It's not uncommon for a stock to consolidate after a run, especially at round numbers. The question is how much buying power is left to push through what looks like an obvious psychological resistance level.