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RBLX - Roblox

Long
NYSE:RBLX   Roblox Corporation
RBLX had a massive earnings gap, opening up nearly +30% from the previous day's close & closing out the day up over 40%.

It has since pulled back, making lower highs & lower lows until this morning. It made an equal low (that undercut the PEG day low) & has since made a higher high.

Bought a starter position. About 40bps risk with my stop at the double-bottom low. Will add to position if it gains traction.

Idee correlate

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