Roblox (RBLX) demonstrates strong technical momentum and set a new 52-week high on Friday, June 6. ・RBLX has a 100% technical “Buy” signal via Barchart. ・Shares are up nearly 170% in the past year.

Roblox is diversifying its revenue streams into areas like real-world commerce and ads as it aims to capture 10% of the $180 billion gaming market.

When you first look at the Roblox universe, you might immediately get the impression that the game is “for kids alone” ...