NYSE:RBLX   Roblox Corporation
RBLX
By applying the principles of Technical Analysis, certain guidelines can be followed for trading RBLX. If RBLX tests support, it signals a buy opportunity with a target set at resistance. Conversely, if resistance is tested, it suggests a short position with a target set at support. Regardless of the trade direction, the trigger point serves as both an entry point and a risk control measure.

These principles can be applied to Swing Trades, Day Trades, and longer-term Trading Plans. Real-time Trading Plans can be accessed to define these strategies for RBLX. For longer-term trading, consider buying RBLX slightly above 38.67 with a target of 45.92 and a stop loss at 38.56. To short RBLX, consider entering slightly below 45.92 with a target of 38.67 and a stop loss at 46.05.

For swing trading, consider buying RBLX slightly above 44.73 with a target of 45.92 and a stop loss at 44.6. To short RBLX, consider entering near 44.73 with a target of 41.99 and a stop loss at 44.86.

For day trading, consider buying RBLX slightly above 43.95 with a target of 44.73 and a stop loss at 43.85. To short RBLX, consider entering near 43.95 with a target of 41.99 and a stop loss at 44.05.

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