$RBLX - RC -
Added 2023-08-09 14:45:22 +0000 UTCMissed on earnings and the share price has not been forgiving today.
I have uploaded the original chart here so we can see that the impulse wave is not valid in its current set up but we can see that the price action is just holding the bottom of the wedge at the yellow line, almost exactly.
So although it is a tough day today for holders, all is not lost just yet, the impulse wave can still be valid but Subwave 2 will likely be where the wedge trend line and price action are now, as long as the price holds above $29.
A break down there and the impulse wave is lost for me.
