RBLX breakout from declining channel targets $58-$61.50 resistance.

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.

Now, tomorrow for the bulls, you want to see price get above today's candle and close. That allows any sort of pullback as a buying opportunity as this uh upper range of the parallel channel flips from resistance into support to help price continue with this breakout up to the next key resistance of 6142.

There will be resistance here at these pivot tops as well. Right around $58. So this 58 to $61.50 is the next key resistance zone. One that could pull price back and allow a buying opportunity for anyone else that has missed this near-term move on Roblox.