Hello everyone,🙋🏾 ⭐️Here again, Romluck with a new trading idea, Trade inside the channel.💡
⭐️About Roblox Corporation develops and operates an online entertainment platform, The company was incorporated in 2004 and is headquartered in San Mateo, California. ⭐️David Baszucki is the founder and CEO of Roblox.
What I see:👀
A downward trend broke out👍
Supported on trend lines👍
Trade inside the channel👍
After a drop of about 80%, the downward trend was broken and now we are shuffling sideways.
First support at $29. First resistance at $38 followed at $48. An expected profit of about 20 dollars per share ⚠️Don't get excited! Do not be tempted! Easy money only exists in dreams and movies!⚠️ You need to make an entry and exit plan and a stop loss!
I chose to use a moving average of MA150 days back, it is recommended by many analysts and for the medium-long term work with MA150
⭐️Want to be exposed to the stock indirectly? Choose an ETF..for example *METV - 6.8% Holding percentage in the fund *NASDAQ:VR - 6.4% Holding percentage in the fund *ARKF 1.54% Holding percentage in the fund
The trading ideas I find are after searching and investing time. Thanks for the like and comment.⭐️
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun💃🏿
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The entry signal will be when we see a change of direction. The Japanese candles will be above the 150 moving average.✨️
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.