TechnicusCapital

FSLY Major Trendline Resistance

NYSE:FSLY   Fastly, Inc.
FSLY is currently sitting on support with a major trendline resistance which is dictating the medium-term downtrend.

If the $35 level is broken to the downside then the stock can see a big decline in price.

On the other hand, if the trendline can be broken then a potential uptrend may be on its way.
Comment:
Testing resistance trendline now. Watch for a breakout.

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