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gamer456148

Why I called Short on FSLY Yesterday and think it will hit <$85

Short
Fastly, Inc. (NYSE:FSLY)  
gamer456148  
NYSE:FSLY   Fastly, Inc.
Chart Patterns Trend Analysis Wave Analysis stockpicks stocksignals stocktrading charts chartpatternstrading chartanalysis Stocks stockstrading Bullish Patterns
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chartpattern trendanalysis waveanalysis stockpicks stocksignals stocktrading charts chartpatternstrading chartanalysis stocks stockstrading bullish
Aftermarket, I noticed that FSLY had a largely bearish correlation for the day. I expected it to continue to the next day given that it has been having a consistent bull run for quite a while. When a bull run is too long and people are way too overly optimistic for the earnings, what can one expect? Now I think the price may bottom out close to the $85 price point. That being said, there is still low to mid risk entering now given it may start a retracement correlation pattern. However, I would likely call this a short given safer bets are out there for dips. That being said, please proceed with caution. Everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
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