RBLX bullish
Roblox looks extremely bullish right now. I bought on the breakout of the large consolidation and price has been riding the upper monthly bollinger bands. You see the expansion just starting on the lower bollinger band? Oh my, that is beautiful. The last 4 quarters of free cash flow margin have been very impressive (Q4 23' 10.4% / Q1 24' 24% / Q2 24' 12.5%/ Q3 24' 23.7%), Q4 should be another great print. The three levels i'm looking for would be:
Fib .618 - $95
Fib .786 - $115
Fib 1.618 - $215
Many seem to be viewing this name as a short term trade, but i see much more long term potential here.
Fib .618 - $95
Fib .786 - $115
Fib 1.618 - $215
Many seem to be viewing this name as a short term trade, but i see much more long term potential here.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.