Fastly, Inc.
Short
Updated

FSLY - JULY 24 MATrend Unsustainable Momentum

219
- D1 larger trend is aligned to our bearish direction
- Gap is due to the 11 July Inflation report
- 15M, 20SMA exit

MATrend Unsustainable Momentum (Systematic) ⏪
The strategy identifies stocks (Tech sector ) that follows the larger market regime's momentum of the day and because they are unable to maintain it price breaks down quickly

Tight stops aligned to the price behaviour we are trying to capture. Which is a rapid break of the momentum.
Trade closed: stop reached

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