$RBLX - RC -
Added 2024-04-09 12:34:00 +0000 UTC$RBLX is back in its tight wedge now but just sitting on its 200 Day MA now for support as the price action awaits its earnings report again at the start of May.
Two positive reports in November and Feb have helped move this along sideways but a third positive report could be the catalyst needed to move this above the wedge and stay above it.
This is needed in order to trigger bulls to re-enter and move this up our Wave 3.
Bulls need to convert the $38.70 level to a firm support.
Bull case is not triggered until the blue line at $52, so there is still work to be done here by the bulls.
