$RBLX is Ready for the Next Big Move: Break or Reject the Downtrend?

$Roblox Corporation(RBLX)$ now priced at $38.75, it announced third-quarter results beat estimates last week.

@BullishBritt, Owner & Founder @Flowtopia_co

In this week’s first two trading days, $Roblox Corporation(RBLX)$ showing an upward trend, it has not yet broken through last week's high. According to the observation of BullishBritt, Owner & Founder @Flowtopia_co, he believes that rblx needs to make a decision to break out of the form.

2 Scenarios here:

- Break the downtrend to the upside & see $44+

- Reject the downtrend and head back to sub $35

As of now, public market for like TipRanks analysts’ price target expectations for $Roblox Corporation(RBLX)$ are:

Based on 20 Wall Street analysts offering 12 month price targets for Roblox in the last 3 months. The average price target is $41.11 with a high forecast of $54.00 and a low forecast of $21.00. The average price target represents a 6.09% change from the last price of $38.75.

What do you think?

Do you think $Roblox Corporation(RBLX)$ will break out to the upside or fall to fill the gap in the short term?

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What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[{"img":"https://community-static.tradeup.com/news/9ae5c1f9effec36477b2906713b1ed2b","width":"680","height":"368"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/9ae5c1f9effec36477b2906713b1ed2b","width":"680","height":"368"}],"title":"$RBLX is Ready for the Next Big Move: Break or Reject the Downtrend?  ","html":"<html><head></head><body><p><a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> now priced at $38.75, it announced third-quarter results beat estimates last week. </p><p class=\"t-img-caption\"><img title=\"@BullishBritt, Owner &amp; Founder @Flowtopia_co\" src=\"https://community-static.tradeup.com/news/9ae5c1f9effec36477b2906713b1ed2b\" tg-width=\"680\" tg-height=\"368\"><span>@BullishBritt, Owner &amp; Founder @Flowtopia_co</span></p><p></p><p><strong>In this week’s first two trading days, </strong><a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> showing an upward trend, it has not yet broken through last week's high. According to the observation of BullishBritt, Owner &amp; Founder @Flowtopia_co, he believes that rblx needs to make a decision to break out of the form.</p><blockquote><strong>2 Scenarios here:</strong></blockquote><blockquote>- <strong>Break the downtrend</strong> to the upside &amp; see <strong>$44+</strong></blockquote><blockquote>- <strong>Reject the downtrend</strong> and head back to <strong>sub $35</strong></blockquote><p>As of now, public market for like TipRanks analysts’ price target expectations for  <a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> are:</p><p>Based on <strong>20 </strong>Wall Street analysts offering 12 month price targets for <strong>Roblox</strong> in the last 3 months. The average price target is <strong>$41.11</strong> with a high forecast of <strong>$54.00</strong> and a low forecast of <strong>$21.00</strong>. The average price target represents a <strong>6.09%</strong> change from the last price of <strong>$38.75</strong>.</p><h3 id=\"id_531547022\">What do you think?</h3><p>Do you think  <a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> will break out to the upside or fall to fill the gap in the short term?</p><p></p></body></html>","htmlText":"<html><head></head><body><p><a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> now priced at $38.75, it announced third-quarter results beat estimates last week. </p><p class=\"t-img-caption\"><img title=\"@BullishBritt, Owner &amp; Founder @Flowtopia_co\" src=\"https://community-static.tradeup.com/news/9ae5c1f9effec36477b2906713b1ed2b\" tg-width=\"680\" tg-height=\"368\"><span>@BullishBritt, Owner &amp; Founder @Flowtopia_co</span></p><p></p><p><strong>In this week’s first two trading days, </strong><a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> showing an upward trend, it has not yet broken through last week's high. According to the observation of BullishBritt, Owner &amp; Founder @Flowtopia_co, he believes that rblx needs to make a decision to break out of the form.</p><blockquote><strong>2 Scenarios here:</strong></blockquote><blockquote>- <strong>Break the downtrend</strong> to the upside &amp; see <strong>$44+</strong></blockquote><blockquote>- <strong>Reject the downtrend</strong> and head back to <strong>sub $35</strong></blockquote><p>As of now, public market for like TipRanks analysts’ price target expectations for  <a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> are:</p><p>Based on <strong>20 </strong>Wall Street analysts offering 12 month price targets for <strong>Roblox</strong> in the last 3 months. The average price target is <strong>$41.11</strong> with a high forecast of <strong>$54.00</strong> and a low forecast of <strong>$21.00</strong>. The average price target represents a <strong>6.09%</strong> change from the last price of <strong>$38.75</strong>.</p><h3 id=\"id_531547022\">What do you think?</h3><p>Do you think  <a data-mention-id=\"RBLX\" class=\"teditor-mention\" data-mention-name=\"Roblox Corporation\" href=\"https://ttm.financial/S/RBLX\">$Roblox Corporation(RBLX)$</a> will break out to the upside or fall to fill the gap in the short term?</p><p></p></body></html>","text":"$Roblox Corporation(RBLX)$ now priced at $38.75, it announced third-quarter results beat estimates last week. @BullishBritt, Owner & Founder @Flowtopia_co In this week’s first two trading days, $Roblox Corporation(RBLX)$ showing an upward trend, it has not yet broken through last week's high. According to the observation of BullishBritt, Owner & Founder @Flowtopia_co, he believes that rblx needs to make a decision to break out of the form. 2 Scenarios here: - Break the downtrend to the upside & see $44+ - Reject the downtrend and head back to sub $35 As of now, public market for like TipRanks analysts’ price target expectations for $Roblox Corporation(RBLX)$ are: Based on 20 Wall Street analysts offering 12 month price targets for Roblox in the last 3 months. The average price target is $41.11 with a high forecast of $54.00 and a low forecast of $21.00. The average price target represents a 6.09% change from the last price of $38.75. What do you think? 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