Most high-profile tech IPOs from the past year have struggled – but not Roblox.
The maker of virtual-reality software ended last week at a new all-time high. Its chart also pulled off some interesting feats.
First, it broke the descending trendline running along the highs of April 13 and May 19.
Second, it had a powerful “kicker” pattern on May 11 after its first quarterly report as a public company showed strong bookings.
Finally is the question of simple relative strength. Companies like
Snowflake, $NYSE:PLTR, $NYSE:DASH and Airbnb have drifted lower for months. Ditto for videogame makers like Activision Blizzard and the 
SPDR Technology ETF. Those comparisons make RBLX’s breakout even more noteworthy.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
The maker of virtual-reality software ended last week at a new all-time high. Its chart also pulled off some interesting feats.
First, it broke the descending trendline running along the highs of April 13 and May 19.
Second, it had a powerful “kicker” pattern on May 11 after its first quarterly report as a public company showed strong bookings.
Finally is the question of simple relative strength. Companies like
Snowflake, $NYSE:PLTR, $NYSE:DASH and Airbnb have drifted lower for months. Ditto for videogame makers like Activision Blizzard and the SPDR Technology ETF. Those comparisons make RBLX’s breakout even more noteworthy.TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.