
Roblox Corporation (NYSE:RBLX) was trading down about 2% lower on Wednesday in continued consolidation after a 46% move to the upside brought the stock from its March 14 and March 15 all-time low of $36.04 to a high of $53 on March 23.
The consolidation has not negated the new uptrend which Roblox recently confirmed by printing a series of higher highs and higher lows on the daily chart.