FriscoTrades

$RBLX Call Buying

Long
NYSE:RBLX   Roblox Corporation
RBLX seeing a lot of JAN 2023 100 calls bought bringing in the new year.

Technicals look bullish - Double bottom, VP support shelf, MOMO turning, RSI and Money Flow uptick.

First PT $109 with a break higher implying $116/$118 zone

Bears are eyeing the gap below and rightfully so, a break below and 80's come quick.

Respect the stop loss :)

Looks good for a swing and my bias is with Nancy Pelosi - to the upside




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