Buy RBLX slightly over 42.44, target 45.91, Stop Loss 42.32 Details.In this case, if resistance 45.91 is being tested, a short signal would exist. 45.91 is the first level of resistance above 41.72, and by rule, any test of resistance is a short signal.
We should have a stop loss in place at 46.04though. The technical summary data is suggesting a short of RBLX as it gets near 45.91 with a downside target of 38.69.
38.69 is the first level of support below 41.72, and by rule, any test of support is a buy signal. This data also tells us to set a stop loss 38.58 to protect against excessive loss in case the stock begins to move against the trade. The technical summary data tells us to buy RBLX near 38.69 with an upside target of 45.91. Buy RBLX slightly over 38.69 target 45.91 stop loss 38.58 Details.
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