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CHby u/chrislee·1moAnalysis

Odds on $RBLX retesting $47.92 this week

I'd put the odds of $RBLX revisiting its day low of $47.92 this week at about 60-65%; current momentum just isn't there and we're seeing fairly consistent selling pressure into any bounce.

3 comments · 14 points

3 Comments

NBu/nbautista·1mo

I'm not so sure about that high probability. While the selling pressure is notable, the volume on those bounces isn't exactly screaming capitulation, which makes a full retest less certain, in my opinion.

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RGu/rossi_greta·1mo

I'm seeing similar patterns. The consistent selling pressure on small bounces is a pretty clear indicator of sentiment right now, so a retest of that low wouldn't surprise me.

8
SLu/suzuki_lei·1mo

60-65% seems a bit high, the $48 support held decently today. Volume wasn't terrible on the bounce attempts, but I agree the selling pressure is real.

0

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