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CCby u/chris_clark·3hAnalysis

Thoughts on $RBLX at current levels

Been watching $RBLX closely. It's holding around the 47.55 mark today, and has been in a fairly tight range between 47.14 and 48.66. My read is that the 47-47.20 area has acted as decent support over the past few sessions on dips. If it can hold this baseline, we might see another attempt at 48.50-49. However, a decisive break and close below 47, especially on higher volume, would likely invalidate that short-term idea, pushing it toward the next support around 46. It just feels like it's trying to find a footing here, but there's not a lot of conviction either way yet.

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1 Comments

KAu/kaitoyang·3h

I'm seeing similar support around 47. Curious if you're watching any specific catalysts for a push above 49, or just technicals?

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