1
Roblox stock price (NYSE: RBLX) holds $25 and formed a double bottom pattern.
2
RBLX stock price recovered approximately 21% from the recent swings.
3
Roblox Corporation stock price is approaching the 50-day EMA.
Roblox stock price (NYSE: RBLX) recovered approximately 21% from the recent swing high and formed a double bottom pattern. It took support near $25.00 and began to recover from the 52-week low.
RBLX stock price is approaching the 50-day EMA and is trying to climb above to reverse the short-term trend. It recovers by forming higher high candles that indicate that bulls are active and returning back on track.
In August, Roblox Corporation stock price fell badly after the release of the previous quarter’s earnings. It showed a massive gap down and broke the crucial support of $33.00 which hurt the investors’ sentiments and invited further decline.
RBLX share price lost all its previous gains and returned back to the dema
We współpracy z: https://www.thecoinrepublic.com/2023/10/07/roblox-stock-formed-double-bottom-rblx-stock-turning-bullish/
