$RBLX
They bumped revenues & EBITDA/FCF in-line albeit bookings is always the bigger mark here, and no one expected it to get trashed, hence the selloff.
Not surprised, as this name was always too pricey, but taking look at the bigger picture it's close to a spot where buyers will have to defend it. Grey spot is where we expect price to bounce.
I think no one talks under the hood that they mentioned ads will start rolling soon, accelerate in 2025, & even more aggressively in 2-3 yrs
Stop loss with multiple daily closes below the bottom trend line
Do note entire gaming industry is in shambles right now, and I believe the worst part is either done, or getting 90% close to done
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- moobug·05-10thanks for sharing gLikeReport
- zingzy·05-10🚀LikeReport