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2021-12-16

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Roblox Takes A Dive And Falls Out Of A Pattern, What May Be Next

Roblox Corp. shares are trading significantly lower Wednesday after the company announced its Novemb

Roblox Takes A Dive And Falls Out Of A Pattern, What May Be Next

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Let’s go!","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/690340131","repostId":1174948452,"repostType":4,"repost":{"id":"1174948452","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1639615162,"share":"https://www.laohu8.com/m/news/1174948452?lang=&edition=full","pubTime":"2021-12-16 08:39","market":"us","language":"en","title":"Roblox Takes A Dive And Falls Out Of A Pattern, What May Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1174948452","media":"Benzinga","summary":"Roblox Corp. shares are trading significantly lower Wednesday after the company announced its Novemb","content":"<p><b>Roblox Corp.</b>&nbsp;shares are trading significantly lower Wednesday after the company announced its November metrics. Roblox said daily active users were 49.4 million, representing an increase of 35% year-over-year. Hours engaged totaled 3.6 billion, representing an increase of 32% year-over-year.</p>\n<p>Roblox was down 9.03%&nbsp; closing at $97.95&nbsp;on Wednesday.</p>\n<p><b>Roblox Daily Chart Analysis</b></p>\n<ul>\n <li>Roblox shares were trading in a bullish flag pattern but have fallen below pattern support and made a large bearish move. The stock is falling back toward the area where it traded in a falling wedge pattern.</li>\n <li>The stock crossed below the 50-day moving average (green) Wednesday, indicating the stock is likely facing a period of bearish sentiment. The 50-day moving average may hold as an area of resistance in the future for the stock.</li>\n <li>The Relative Strength Index (RSI) has been falling lower the past couple of weeks and now sits at 41. 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Following the drop, there may be a period of consolidation during which the stock will likely form new support and resistance levels and will hold between these levels until one is broken, and the stock makes another large move.</p>\n<p>Bullish traders are looking to see the stock break above future resistance levels and head back toward where the stock traded&nbsp;within the flag pattern.</p>\n<p>Bearish traders are looking to see the stock fall below future support levels and push toward where the stock traded in the wedge pattern.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox Takes A Dive And Falls Out Of A Pattern, What May Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox Takes A Dive And Falls Out Of A Pattern, What May Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-12-16 08:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Roblox Corp.</b>&nbsp;shares are trading significantly lower Wednesday after the company announced its November metrics. Roblox said daily active users were 49.4 million, representing an increase of 35% year-over-year. Hours engaged totaled 3.6 billion, representing an increase of 32% year-over-year.</p>\n<p>Roblox was down 9.03%&nbsp; closing at $97.95&nbsp;on Wednesday.</p>\n<p><b>Roblox Daily Chart Analysis</b></p>\n<ul>\n <li>Roblox shares were trading in a bullish flag pattern but have fallen below pattern support and made a large bearish move. The stock is falling back toward the area where it traded in a falling wedge pattern.</li>\n <li>The stock crossed below the 50-day moving average (green) Wednesday, indicating the stock is likely facing a period of bearish sentiment. The 50-day moving average may hold as an area of resistance in the future for the stock.</li>\n <li>The Relative Strength Index (RSI) has been falling lower the past couple of weeks and now sits at 41. This shows that overall, the stock is seeing more sellers than buyers, which has caused the price to drop.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/79969d293f5ca43a15b71bed36518c68\" tg-width=\"2400\" tg-height=\"1232\" width=\"100%\" height=\"auto\"></p>\n<p><b>What’s Next For Roblox?</b></p>\n<p>Roblox falling out of the bullish flag pattern shows that the stock was not ready to make another leg up. Following the drop, there may be a period of consolidation during which the stock will likely form new support and resistance levels and will hold between these levels until one is broken, and the stock makes another large move.</p>\n<p>Bullish traders are looking to see the stock break above future resistance levels and head back toward where the stock traded&nbsp;within the flag pattern.</p>\n<p>Bearish traders are looking to see the stock fall below future support levels and push toward where the stock traded in the wedge pattern.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174948452","content_text":"Roblox Corp. shares are trading significantly lower Wednesday after the company announced its November metrics. Roblox said daily active users were 49.4 million, representing an increase of 35% year-over-year. Hours engaged totaled 3.6 billion, representing an increase of 32% year-over-year.\nRoblox was down 9.03%  closing at $97.95 on Wednesday.\nRoblox Daily Chart Analysis\n\nRoblox shares were trading in a bullish flag pattern but have fallen below pattern support and made a large bearish move. The stock is falling back toward the area where it traded in a falling wedge pattern.\nThe stock crossed below the 50-day moving average (green) Wednesday, indicating the stock is likely facing a period of bearish sentiment. The 50-day moving average may hold as an area of resistance in the future for the stock.\nThe Relative Strength Index (RSI) has been falling lower the past couple of weeks and now sits at 41. This shows that overall, the stock is seeing more sellers than buyers, which has caused the price to drop.\n\n\nWhat’s Next For Roblox?\nRoblox falling out of the bullish flag pattern shows that the stock was not ready to make another leg up. Following the drop, there may be a period of consolidation during which the stock will likely form new support and resistance levels and will hold between these levels until one is broken, and the stock makes another large move.\nBullish traders are looking to see the stock break above future resistance levels and head back toward where the stock traded within the flag pattern.\nBearish traders are looking to see the stock fall below future support levels and push toward where the stock traded in the wedge pattern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":25,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}