$Roblox Corporation(RBLX)$ now priced at $38.75, it announced third-quarter results beat estimates last week.
@BullishBritt, Owner & Founder @Flowtopia_co@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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