$RBLX - RC -
Added 2023-10-26 00:55:39 +0000 UTC$RBLX is showing a double bottom here on the 0.887 Fib at $25 and has bounced quite well and has managed to get back into the wedge too and has been using the wedge line as support since breaking back in.
This is a good sign and the price is above the 50 Day MA too.
I think a lot of stocks will struggle to move higher if the market is struggling but $RBLX appears to be positioning itself in a good area to move higher if the market decides to go up too.
The 200 Day MA at $37 will be the next test for $RBLX if it can stay in the wedge.
