After a monster power earnings gap (PEG) move, RBLX pulled back to its 50 MA and PEG lows were defended (i.e. 93.02 and 94.38). It is now trading around an upsloping 50 MA.
Neutral for now but I will be watching to see
- how it interacts with the declining short term EMAs
- if it breaks below 93.02 and fills the PEG gap
Neutral for now but I will be watching to see
- how it interacts with the declining short term EMAs
- if it breaks below 93.02 and fills the PEG gap