RBLX

Let's talk about Roblox and its downgrading. This is disappointing. Stocks are down by more than 8% at the moment. Since the beginning of the year, this stock has performed very poorly , whether we talk about year-to-date performance or on an annual basis.

Jefferies issues a downgrade to Roblox's rating. If you have children, you know this platform. This platform allows them to play games online ; it is a comprehensive platform. You can create different worlds.

There are games like "Rifles" and others, and it seems that not enough children play them.

Next up on the opposite end of the spectrum we've got roadblocks looking like it is about to break out of its chart. You can see here RBLX on the daily time frame has been contained within this declining parallel channel for the majority of this year. today's price action gapping up over this upper range of the parallel channel and doing a continuation push. Very nice push.