Within each Score, stocks are graded into five groups: A, B, C, D and F. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
The scores are based on the trading styles of Value, Growth, and Momentum. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 8, the stock gapped up 26% higher the following day and ran 42% higher over the nine trading days that followed to reach an all-time high of $141.60.The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. When the company reported third-quarter revenue growth on its last earnings print on Nov. 15 after the market closes and traders and investors may be waiting to see the results before taking a position. Roblox is expected to print its fourth-quarter earnings on Feb. The gaming giant reported earnings per share of 23 cents, missing the estimate of $3.22 and revenue of $1.79 billion, which came in far below the $2.66 billion estimate.
In The News: Although Entertainment Arts reported year-over-year growth, it missed the Zacks consensus estimate. As the saying goes, "The trend is your friend until it isn’t," and any trader in a position should have a clear stop set in place and manage their risk versus reward. It should be noted that events affecting the general markets, negative or positive reactions to earnings prints and news headlines about a stock can quickly invalidate patterns and breakouts.
Roblox may have more room to gain due to how beaten down it has become. 28 and Tuesday.īoth stocks look set to head higher if the bullish signals on their charts play out because Roblox may be settling into a bull flag pattern on the daily chart and Entertainment Arts looked to be printing a massive bullish engulfing candlestick, which could indicate an imminent move higher. Roblox continued to consolidate mostly sideways after a 30% move higher between Jan. EA both opened lower on Wednesday, with Roblox kicking off the trading session about 3% lower in sympathy with Electronic Arts, which gapped down 3.25% lower following its third-quarter earnings miss.īulls came in and bought the dip on Electronic Arts en masse and by mid-day, the stock was trading more than 4% higher. Roblox Corp RBLX and Electronic Arts Inc.
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