Bull Case for RBLX – Strong Breakout with Structural ShiftRoblox CorporationBATS:RBLXBenRoses1. Massive Base Breakout (Multi-Year Accumulation) RBLX spent 2+ years in a tight range ($23–$51), forming a strong accumulation base. Breakouts from multi-year bases often result in multi-month uptrends, not just quick pops — this could be wave 1 of a new bull cycle. The overshoot above the measured move ($79–$82) can suggest strong institutional accumulation, not just retail FOMO. 2. Momentum Is Strong, Not Weak (Yet) RSI at 81.33 is overbought, yes — but in bull markets, RSI can stay overbought for weeks. MACD still has positive momentum — no crossover yet. It’s flattening, but not bearish. This might be early in the momentum cycle, not the end — especially if a small consolidation fuels the next leg. 3. Sentiment Flip – From Dead Money to Growth Revival Roblox went from being a forgotten COVID bubble stock to surprising with user metrics, engagement, and monetization. Analysts and funds may be re-rating the business model as more durable and scalable — narrative shift = sustained interest. This explains the volume surge at breakout and the lack of immediate selling even at overbought levels. 4. Short Squeeze / FOMO Acceleration After years of underperformance, some shorts are still in the name. Breakout + volume + lack of sellers = short squeeze + FOMO-led extension. If this extends, $100 psychological target is in reach. 5. Fib Extension Zone If you apply a Fibonacci extension from the base, next levels are: 1.618 extension ≈ $92–$95 2.0 extension ≈ $100 Bullish Continuation Setup Minor pullback or sideways chop (RSI cools) Followed by strong volume + breakout over $90 Confirmed by MACD holding trend and RSI avoiding sharp revers