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July 3, 2025

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Should You Buy Roblox Stock Now? Key Levels to Watch

Stock 5 Mins Read

Roblox Corporation (RBLX), the company behind the immersive online gaming universe, has been on a strong run since April. This isn’t the first time the stock demonstrated sustained technical strength: RBLX has maintained a StockCharts Technical Rank (SCTR) above 90, aside from a few dips, since last November.

Currently, RBLX is showing up on a few scans that may signal an opportunity for those who are bullish on the stock. It currently ranks among the SCTR Report Top 10, but also appeared on a few cautionary scans, including the Parabolic SAR Sell Signals and Overbought with a Declining RSI scans (both of which are available in the StockCharts Sample Scan Library).

So here’s the question: Is RBLX a strong stock that’s about to undergo a buyable dip?

Weekly Chart: Key Breakout and Resistance Levels

Before we explore that question, let’s take a look at a weekly chart for a broader perspective.

FIGURE 1. WEEKLY CHART OF RBLX. The stock is barely above halfway between its three-year lows and highs. If it delivers the growth investors expect, you could see another leg higher once the pullback completes.

The weekly chart shows RBLX trading in a broad range from late 2022 to late 2024, repeatedly failing to clear resistance near $47–$48. When it finally broke out in November, the stock’s technical strength was reflected in its SCTR score, which held a sustained position above the 90 line save a few declines.

Breaking above the $47–$48 resistance was a key move, as that level turned into support in December and again in April, where RBLX established a base ahead of its current rally. The subsequent move up was sharp, arguably even parabolic, peaking at $106.17 before pulling back.

If you look closely, you’ll see a swing high at around the $125 level (December 2022). This marks a technical level that happens to align with several Wall Street price targets. The blue line at $140 marks RBLX’s all-time high. Both levels can serve as potential price targets and are also likely to act as resistance.

RBLX is a technically strong stock that is fundamentally robust, despite remaining unprofitable on a GAAP basis. With strong user engagement, accelerating revenue growth, and plenty of free cash flow, it’s a favorable growth stock. However, it’s overbought. So, for those looking to get in, what are the key levels to watch out for?

Daily Chart: Fixed and Dynamic Support Levels to Watch

Let’s shift over to a daily chart.

FIGURE 2. DAILY CHART OF RBLX. Although the stock is currently overbought, there are plenty of support levels below. If you’re bullish on the stock, now’s the time to add RBLX to your ChartLists and set price alerts.

The strength of RBLX’s current surge is highlighted by the Bollinger Bands. The stock has been “walking the band” over the past two months. Now that it has pulled back, it appears to be bouncing off the middle band, suggesting that investors are still accumulating the stock.

As far as the pullback is concerned, the Money Flow Index (MFI), a volume-weighted Relative Strength Index (RSI), shows that RBLX entered overbought territory in May and began declining in late June, revealing a divergence between MFI and price—an early signal that RBLX was about to pull back. That pullback materialized on Tuesday. Whether it continues in the coming sessions is something we’ll have to see. In contrast, the Chaikin Money Flow (CMF), a measure of volume-based momentum, suggests that buying pressure is still relatively strong.

Whether RBLX continues advancing or pulls back in the near term, keep an eye on the Bollinger Bands for potential support. You may also encounter a bounce and favorable entry point at $92.50, a “local” swing low.

Another stronger support level sits near $75, aligning with the February and April swing highs. HOWEVER, that’s a huge drop; if the price falls toward this level, you’d have to reevaluate the stock’s momentum, volume, market sentiment, and the broader economic factors that may be driving such a decline.

When to Consider Entering RBLX

If you’re bullish on the stock, RBLX is something you’ll want to monitor in the days ahead. Add it to your ChartLists and observe how it acts within the context of the Bollinger Bands. If the stock declines further, you may want to set a price alert at $92.50 to see how price responds to this recent swing low. As mentioned above, further declines would warrant a re-evaluation, so keep a close eye on the price action.

Is Roblox Stock Still a Buy?

RBLX’s surge reflects growing optimism about the company’s future growth prospects. While it isn’t profitable yet by GAAP standards, its strong performance relative to analyst expectations and its strong free cash flow have made it something of a Wall Street darling. For now, the technicals are the proof in the pudding. If it is what growth investors seek, the price action should provide evidence before the fundamentals validate it in the coming earnings quarters.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Stock

Missed Disney’s Rally? Grab This Defined-Risk Put Spread for a Second Chance

Stock 4 Mins Read

Stocks keep notching record highs. If you’re like most investors, you’re probably wondering, “Should I really chase these prices or sit tight and wait for a pullback?”

Instead of overthinking and ending up in Analysis-Paralysis land, however, it may be worth exploring other avenues — and maybe even something you’ve never thought of.

Enter bearish counter-trend options strategies. Yup, it sounds crazy, especially when the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ) closed at fresh highs. But here’s the reality: a well-planned put strategy has the potential to generate some revenue while you wait for the market to slow down or pull back. I got the idea after watching a recent video that dives into these strategies (worth watching if you haven’t).

Finding an Optimal Options Strategy

If you click the OptionsPlay Strategy Center tab on your StockCharts Dashboard (OptionsPlay Add-On for StockCharts required), choose the Bearish Counter Trend or Bullish Counter Trend categories (depending on whether the market is bullish or bearish), and then select the Bear Put Spread strategy, you’ll see all the stocks that meet the criteria. Since stocks are in a bullish trajectory, I decided to look at stocks in the Bearish Counter Trend list. I also chose the 45-day timeframe, a balanced risk profile, and $2,500 max risk. I sorted the list based on IV rank. Walt Disney Co. (DIS) made it to the top of the list.

A couple of points to consider:

  • A risk/reward ratio of 0.6 to 1
  • Disney’s earnings date of August 6, which falls before the spread expires.

However, looking through the other charts on the list, DIS appeared to be the most likely to pull back in the near term.

Here’s where the beauty of options comes into play. They’re extremely flexible, and you can tweak the strategies to give you a risk/reward that’s more desirable.

With that in mind, let’s dive into Disney’s stock chart and consider how low the stock could go.

Disney’s Daily Chart

Looking at the daily chart of DIS, the stock price has pulled back a bit, and momentum, although relatively high as indicated by the relative strength index (RSI) and percentage price oscillator (PPO), is showing signs of slowing down. If momentum continues to weaken, DIS could move lower and fall to around the $120 level (dashed blue horizontal line).

FIGURE 1. DAILY CHART OF DISNEY STOCK. DIS has been rising after its early May gap up. It’s now pulling back, and Disney’s stock price closed today at $122.98.Chart source: StockCharts.com. For educational purposes.

The Put Spread Can Bring a Little Magic

If you click the Options tab below the chart, you’ll see three strategies you could apply. Since I have a bearish bias, I clicked the Bearish button. The three optimized strategies that came up:

  •  Sell 100 shares of DIS.
  • Buy one DIS put.
  • Buy a put vertical. The put vertical has the highest OptionsPlay score and is the one that aligns with the bearish counter-trend strategy.

Looking at the risk curve for the put spread — buying 1 Aug 15 125 put and selling 1 Aug 15 110 put (see below) — you’re risking $471 for a potential reward of $1029. This is slightly better than a 0.6 to 1 risk/reward ratio. The breakeven level is $120.29, which aligns with the support level on the price chart. At least there’s a high probability of breaking even, although you want to do better than that. DIS could fall below the $120 level. I would consider placing this trade.

FIGURE 2: RISK CURVES FOR THREE OPTIMAL STRATEGIES FOR TRADING DIS STOCK. The put vertical spread has the best score, defined-risk, and an attractive payoff.Chart source: StockCharts.com. For educational purposes.

Final Thoughts

Options are dynamic, and if you decide to put on the trade, monitor your open positions regularly. With options, it’s not just about price. Time decay and volatility can change the premiums. If these variables change significantly, consider adjusting your trade.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Investing

Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor

Investing 4 Mins Read

 

(TheNewswire)

 

        

   
                         

 

Vancouver, British Columbia July 3 rd 2025 TheNewswire – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the ‘Company’ or ‘Juggernaut’), is pleased to announce a $1,000,000 hard dollar financing from one strategic investor, further confirming the support and excitement of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining’s Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a globally ranked tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

 

  View Juggernaut videos by     Clicking Here     .  

 

  Subject to approval from the TSXV Exchange, the Company will issue 1,562,500 hard dollar units priced at $0.64 each for gross proceeds of $1,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.84 for a sixty-month period, with a forced accelerated conversion after 10 consecutive trading days at or above $1.84, callable at management’s discretion. The fully subscribed placement is scheduled to close on July 14th, 2025. The proceeds will be used for general working capital.  

 

  Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:  

 

  This investment, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Since May of this year, the Company has raised ~ $12,500,000, and post-financing, Juggernaut will have an extremely tight capital structure of just 30,985,170 shares, no debt, and a strong cash position. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results.’  

 

  All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.  

 

  About Juggernaut Exploration Ltd.  

 

  Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings   and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.  

 

  For more information, please contact  

 

  Juggernaut Exploration Ltd.  

 

  Dan Stuart  

 

  President, Director, and Chief Executive Officer  

 

  604-559-8028  

 

    info@juggernautexploration.com    

 

    www.juggernautexploration.com    

 

  Qualified Person  

 

  Rein Turna P. Geo is the independent qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.  

 

  Grab samples are selected samples and may not represent true underlying mineralization.  

 

  NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.  

 

  FORWARD LOOKING STATEMENT  

 

  Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Editor's pick

Bangladesh ex-PM Hasina gets six-month prison sentence in absentia

Editor's pick 2 Mins Read

Bangladesh’s ousted and self-exiled Prime Minister Sheikh Hasina was sentenced to six months in prison by the country’s International Crimes Tribunal on Wednesday in a contempt of court case, a top prosecutor said.

Hasina has been facing multiple cases since she fled to India after deadly student-led protests in August, but it was the first time the former leader was sentenced in one of them.

Shakil Akand Bulbul, a leader of the Awami League party’s banned student wing Chhatra League, was also sentenced to two months in prison in the same case, Chief Prosecutor Muhammad Tajul Islam told reporters. The party had been led by Hasina for years.

A three-member ICT tribunal, led by Justice Golam Mortuza Mozumder, delivered the verdict in their absence, noting that the sentences will take effect upon arrest or surrender, the prosecutor added.

The contempt charges stem from a leaked phone recording where Hasina was allegedly heard saying, “there are 227 cases against me, so I now have a licence to kill 227 people.”

A forensic report by a government investigative agency later confirmed the audio’s authenticity.

The ICT was originally set up in 2010 by Hasina’s own government to try 1971 war crimes.

Bangladesh’s interim administration, led by Nobel laureate Muhammad Yunus, pledged to hold leaders, including Hasina, accountable for rights abuses and corruption, including the crackdown on the student-led uprising last July that toppled Hasina’s regime.

The tribunal has so far issued three arrest warrants for Hasina, including charges of crimes against humanity linked to the July violence. Hasina’s Awami League party remains banned while trials continue against the party and its former leaders.

Supporters of Hasina dismiss the charges as politically motivated, but the interim government insists the trials are crucial for restoring accountability and rebuilding trust in Bangladesh’s democratic institutions.

This post appeared first on cnn.com

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Editor's pick

Exclusive: Trump’s immigrant deportations are ‘morally repugnant,’ senior US Catholic leader says

Editor's pick 5 Mins Read

A prominent Catholic Church leader and ally of Pope Leo XIV has strongly criticized the Trump administration’s immigration crackdown, describing the rounding up and deportation of immigrants as “inhumane” and “morally repugnant.”

McElroy was appointed to lead the archdiocese in the US capital by Pope Francis in January, the month of Donald Trump’s presidential inauguration. He was among the more than 100 cardinals who took part in the conclave that elected the first American pope in May.

“This is simply not only incompatible with Catholic teaching, it’s inhumane and is morally repugnant,” he added.

“The scenes that occurred in Los Angeles where you saw mass agents of the government descending on car washers and Costco parking lots to round up whoever they can round up is not a sign of going after those who have criminal convictions.”

Trump has said his tough immigration policies are necessary to keep criminals off US streets and to ease the burden on US institutions. He has embraced the sinister image of a migrant detention facility surrounded by swampland and reptiles.

“It’s known as ‘Alligator Alcatraz,’ which is very appropriate, because I look outside and it’s not a place I want to go,” Trump said Tuesday.

McElroy argued that the government had a right to deport people convicted of “serious crimes,” adding that the problems with immigration were rooted in an American political system that had failed to address immigration law and reform over the last 15 years.

But McElroy said people were now “afraid even to go to church” after the Trump administration removed the policy that prohibited immigration agents from making arrests in sensitive areas, like churches.

“What is behind this?” he asked, referencing the stricter immigration policies and enforcement tactics. “I fear that one of the main things behind it, in the minds of many who are pushing it, is the sense that the people who are coming to our country now are of a different kind.

“And that’s been a great theme in American culture and history all through our country’s immigration, when the Irish came, when the Italians came, when the Poles came, the refrain has been the same, ‘these are inferior people,’ and that’s what’s going on now… it’s an outrage.”

The cardinal, a former Bishop of San Diego, is one of several Catholic bishops who have spoken out against Trump’s migration policies.

But Vice President JD Vance, a devout Catholic who converted in 2019, earlier this year suggested the bishops’ criticisms of the Trump administration’s policies were motivated by financial interests because the church receives federal funding to resettle immigrants. McElroy hit back in the interview, saying the government funding was far from sufficient to cover the programs and the church had to pick up the shortfall.

“Those who say that haven’t done the math on what the church has been contributing over and above what the government has contributed to these programs,” he added.

Since his election, Pope Leo has urged respect for migrants, describing himself as “the descendant of immigrants, who in turn chose to emigrate.” McElroy said that while Leo XIV spoke about immigration in a “universal” context, “when you look at what he’s saying, it has clear implications for us.”

During the interview, Cardinal McElroy also criticized Trump’s “big, beautiful bill” – a sweeping piece of legislation that would extend tax cuts and increase funding for national security, partly paid for by the biggest cut to the federal social safety net in decades. He’s recently signed a letter with other bishops and faith leaders opposing the bill.

He said it appeared that millions would “ultimately lose their health care because of this bill so that billionaires can receive greater tax cuts,” adding: “There’s something radically wrong with a society that takes from the poorest to give to the wealthiest. It’s just wrong.”

In a statement, White House spokeswoman Abigail Jackson rejected the criticism – particularly that leveled at the Trump agenda bill.

“The American people elected President Trump, not a DC Archbishop, to serve as their President,” Jackson said. “President Trump is fulfilling the mandate the American people gave him in November to turn his campaign promises – like no tax on tips, social security, and overtime – into law. The One, Big, Beautiful Bill will be one of the most successful pieces of legislation ever passed and will supercharge our economy to benefit all Americans.”

When it came to church reforms and priorities for Pope Leo, McElroy talked about the importance of addressing the role of women.

He said this topic had been an “immensely powerful current” during recent Vatican assemblies, the synod, which looked at questions of church renewal and looked at how to include more women in decision making roles.

“The major thrust has to be look at where women ‘aren’t’ and then ask why?”

McElroy supports ordaining women as deacons, who carry out functions like a priest but without saying Mass or hearing confessions, which he says is consistent with the church’s theology. “It’s a controversial question within the church,” he admits, “but I think it would be important to move in that direction.”

Cardinal McElroy’s candidacy for Washington DC was bolstered by his doctorate in political science from Stanford University, which he was awarded for a thesis on moral norms in foreign policy.

“My great fear is that the lessons that nations will take away from this intervention against Iran is that if they have nuclear weapons then they won’t be subject to this sort of attack,” he said. “I think that’s an open question. Will this encourage more proliferation because the incentives are stronger now or clearer now, and that’s very ominous.”

Finally, the cardinal said he believes that Chicago-born Pope Leo would make a visit home – although he did not know when.

“I think when he does come to the United States it will be a great moment for our country.”

This post appeared first on cnn.com

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Business

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

Business 3 Mins Read

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.

In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.

This lawsuit is the latest example of Apple publicly going after a former employee for leaking internal information. Apple is an intensely secretive company, and lawsuits like this one highlight how the iPhone maker exercises tight control over its internal information, even if it has to pursue legal action against former staff.

Apple alleges that Liu didn’t inform the company when he resigned late last year that he was headed to Snap, a competitor and maker of smart glasses. As a result, Apple did not shut off his access to accounts and allowed him a customary two-week transition period, which he used to download company files, according to the lawsuit.

“Worse still, the review of Mr. Liu’s Apple-issued work laptop also shows that while maintaining access to Apple’s Proprietary Information under false pretenses, he used his Apple credentials to exfiltrate thousands of documents containing Proprietary Information from Apple’s secure file storage systems,” the iPhone maker’s lawyers said in the filing.

Many of the files downloaded by Liu had codenames for Apple projects and described the company’s technology, product design and supply chain, according to the lawsuit. Apple says that all employees agree to keep Apple files confidential and that Liu broke confidentiality agreements he made when he joined. Liu worked for Apple between 2017 and 2024, according to the lawsuit.

Liu worked on Apple’s Vision Pro headset as a system product design engineer, per the filing. Liu did not respond to a request for comment from CNBC.

Apple lawyers wrote that Liu could use the trade secrets in his work at Snap. Apple is not suing Snap, and the social media company did not respond to a request for comment.

“The overlap between Apple’s Proprietary Information that Mr. Liu retained and Snap’s AR products (for which Mr. Liu is a ‘product design engineer’) suggests that Mr. Liu intends to use Apple’s Proprietary Information at Snap,” according to the filing.

Apple is seeking damages and for Liu to have his devices inspected by a forensic examiner to make sure all the trade secrets are deleted.

The iPhone maker has sued several former employees in recent years for taking files when they left the company.

Apple settled with former engineer Simon Lancaster in 2022 over providing information to a journalist. Apple also sued a former employee, Andrew Aude, in 2024 over leaking details to the media. That lawsuit was dismissed after Aude apologized.

The Cupertino company sued Rivos, a chip startup staffed by former Apple semiconductor employees, over its intellectual property, and settled in 2024.

Additionally at least three former Apple employees have also been arrested and accused by the government of taking company secrets and giving them to China-linked organizations. One pled guilty and was sentenced to four months in prison, and two are still in proceedings.

This post appeared first on NBC NEWS

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Business

Microsoft laying off about 9,000 employees in latest round of cuts

Business 3 Mins Read

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.

The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year.

“We continue to implement organizational changes necessary to best position the company and teams for success in a dynamic marketplace,” a Microsoft spokesperson said in an email.

Microsoft has held several rounds of layoffs already this calendar year. In January, it cut less than 1% of headcount based on performance. The 50-year-old software company slashed more than 6,000 jobs in May and then at least 300 more in June. As of June 2024 it employed 228,000 people. In 2023, it laid off 10,000.

Perhaps the largest culling of Microsoft workers came in 2014, when the company eliminated 18,000 after acquiring Nokia’s devices and services business.

As was the case with the May layoffs, Microsoft is looking to reduce the number of layers of managers that stand between individual contributors and top executives, said the person who asked not to be named while discussing internal matters.

“To position Gaming for enduring success and allow us to focus on strategic growth areas, we will end or decrease work in certain areas of the business and follow Microsoft’s lead in removing layers of management to increase agility and effectiveness,” Phil Spencer, Microsoft’s CEO of gaming, wrote in a Wednesday memo to employees in that division.

Microsoft reported nearly $26 billion in net income on $70 billion in revenue for the March quarter. The numbers were well ahead of Wall Street’s consensus, keeping Microsoft ranked as one of the most profitable companies in the S&P 500 index, according to data compiled by FactSet.

Executives called for about 14% year-over-year revenue growth in the June quarter, thanks to expected expansion in Azure cloud services and corporate productivity software subscriptions

Microsoft stock closed at a record high of $497.45 per share on June 26. At the start of Wednesday’s trading session, the shares were down about 0.6%, while the S&P 500 was roughly flat.

Autodesk, Chegg and CrowdStrike are among the other software providers that have slimmed down in 2025. Earlier on Wednesday, payroll processing company ADP said the U.S. private sector lost 33,000 jobs in June. Economists polled by Dow Jones had predicted an increase of 100,000.

This post appeared first on NBC NEWS

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