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FluxTrades

$RBLX - Stuck Between a Rock and a Hard Place

Roblox Corporation (NYSE:RBLX)  
FluxTrades  
NYSE:RBLX   Roblox Corporation
Trend Analysis Support and Resistance Supply and Demand swing swingtrading swingtrade swingsetup breakout breakouttrading breakoutsignal resistence Supply Zone
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trendanalysis supportandresistance supplyanddemand swing swingtrading swingtrade swingsetup breakout breakouttrading breakoutsignal resistence supplyzone
$RBLX is stuck between a rock and a hard place here, with the trade favoring the downside.

We're coming up on an overhead resistance at 64.5, while also running into heavy trendline resistance established all the way back in November.

I personally think we reject and visit 60 this week, though there's also a possibility of a double breakout which could lead us up to 70, and then 77.

Breakout is validated above both trendline supply, and general 64.5 resistance.
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