aristocks

Bullish on $FSLY

Long
NYSE:FSLY   FASTLY INC
LONG TERM BULLISH!!

Looking for a small pullback before possible enter a trade.

There is a CUP&HANDLE patter forming, but it could go straight throughout it and continue higher instead.

Will keep an eye on it.
Comment: Earnings coming tonight! Today we saw some sell off, which probably will continue into the close.

Will look forward to see if it will bounce off at support around 102-103 or will be back trading inside the channel as per chart above.
Comment: Stock went lower after earnings, even though they beat and raised guidance!

Its still in the channel, so I added more in case there is a quick bounce off. Looking to add more when the dust settle!
Comment: well did not work quite as well I hoped... Lost some money!

I was able to reduce the loss after jumping back in around 80s.. support was strong at 76 but TikTok was hoovering on me :(

I am out now but I am looking closely. Look to me could be forming a head&shoulder pattern but valuation and greed to be propel this higher!

Will keep an eye on it!

Comments

It’s at $93.00 right now
Reply
aristocks juanprophacy8
@juanprophacy8, I am not worried for now! I actually bought shares because this is a healthy pullback after climbing so much, couple with today's tech selloff. I do not want to miss the bounce :)

I am looking to add more if it goes lower and after the dust settle a bit.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out