As the tech rally pulls back, expect an 886 retrace from bloxId be a buyer down at those levels. I do think there's a coinflip chance we get it. so not shorting, but waiting in cash.
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−1.72USD
−924.366MUSD
2.225BUSD
610.681M
About Roblox Corporation
Sector
Industry
CEO
David B. Baszucki
Website
Headquarters
San Mateo
Employees
2.128K
Founded
2004
ISIN
US7710491033
Roblox Corp. engages in the provision of online gaming services. Its platform consists of Roblox Client, Roblox Studio, and Roblox Cloud. Roblox Client is an application that allows users to explore 3D digital worlds. Roblox Studio is the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with Roblox Client. Roblox Cloud includes the services and infrastructure that power the human co-experience platforms. The company was founded by Erik Cassel and David B. Baszucki in March 2004 and is headquartered in San Mateo, CA.
My levels to manage my RBLX long-term positionCopy & Paste from WSJ:
For the June-ended quarter, Roblox said revenue rose 15% to $680.8 million for the quarter while total costs rose 30% to $994.8 million. Daily users, hours of engagement and other key metrics were up from a year ago but net bookings and adjusted profit came in below Wall Stre
RBLX catch the falling knife +10%Roblox Corporation is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2022, the company employs over 2,100 people.
RBLX Long term Price TargetsPurely technical analysis, do your own DD on fundamentals. I personally like the fundamentals given that Roblox is the 28th most visited site in the world and has an exponentially growing user base. This is mainly technically based.
Few things you should watch for in the next 4 quarters:
- Yellow (
RBLX Setup a little bull trap on the intial pop to 46 area. Caught me up which I was in around 42 averge ended up having to close it. I started nibbling again today. This is getting extremely tight. Personally I’m still thinking upside. Bears had a few days of leverage and bulls are fighting strong
Sh
Calls idea - at important supportI'm taking same risk here. No buying signal yet but price is landing on an important support since dic 2022. Just a few calls, I don't want to risk much, If I see a buying signal I'll buy more. I think eventually price is going to break out the triangle. You can also buy a small amount and place you
RBLX - Key player in massive metaverse opportunitySlide 1 - Roblox Investment Thesis
- Rapid growth in users and revenue
- Dominant platform for user-generated gaming
- Key player in metaverse opportunity
Slide 2 - Financial & Operational Highlights
- Q1 2022 results: Revenue up 39%, bookings up 46%
- 49.5M daily active users, up 28% YoY
- Str
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