Roblox Corporations stock (RBLX) fell in the intraday levels, while hurt by a negative pattern that formed in the short term, the Double Top pattern, as it also suffers negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the support of $32.52, provided it settles below the resistance of $37.76.
Trend forecast: Bearish