FSLY approaching extreme support area like many other recent IPOs, I wouldn't be surprised if I saw this hit 10-20 in the near future, longs should trade with caution here. like and follow for more 💘
hard to play either side in when in a tight consolidation like this, in my opinion its better to wait for break of 14.64 for longs / below 9.27 for shorts
Fastly Short Term We look to Buy at 13.46 (stop at 11.36) Preferred trade is to buy on dips. Posted a Double Bottom formation. 20 1day EMA is at 12.42. There is scope for mild selling at the open but losses should be limited. Our profit targets will be 19.97 and 27.19 Resistance: 20.00 / 44.00 / 50.00 Support: 13.50 / 10.00 / 5.00 Disclaimer – Saxo...
Has claimed 11 EMA and VMA...holding well in the supply zone. Once the 50 EMA is cleared, might go for gap fill @ 23
Great Risk to Reward Here, Looking for double mitigation to come into play, 8:1 RR, still correlates heavily with stocks which may come down in future but lets see if the buying potential is here, targeting gap right into where price sold off at.
In this update we review the recent price action in Fastly,Inc and identify the next high probability trading opportunity and price objectives to target.
gap fill below at 20 and ATL 10.5 is absolutely on the cards, IF secular growth investors don't come to the rescue here
Because multiple people have asked.... I think it fills the gap tomorrow, goes sideways until the Fed meeting. Don;t bother going long until Powell pumps the market
I plotted this for my own edification, so I figured I might as well share it. FSLY is forming a very distinct falling wedgie, looks like it should break out sometime between now and end of the month (EOM), my calculated breakout point oddly coincides with the next Fed meeting. Take it for what you will. I'm just trying to figure out downside targets for various...
Fastly - Short Term - We look to Sell at 33.50 (stop at 37.10) Previous support, now becomes resistance at 34.00. There is no indication that the selloff is coming to an end. 20 1day EMA is at 36.50. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance...
Bullish divergence has formed in 4hrs time frame ...............i believe bottom is almost here ..........need conformation engulfing candle to enter the trade
$FSLY 1D Strong move on Friday. If lows hold, we can see continuation higher to my wave 3 target of around $50. A daily close over $41.75 will give me conviction for a swing.
$FSLY - Calls > 41.6 | Puts < 34 - Weekly inside bar - Bouncing from weekly support level - Weekly levels on chart
Been waiting a while for this one lets see if it will be worth it. We got bullish divergence on the MACD nothing much on the RSI but still a nice looking Harmonic here at an old zone Support/Resistance so it's worth a shot.
Fastly is in a position to go on another run. It is close to bottoming out. The Risk to Reward is very favorable at these levels
waiting a RETEST in that area to start creating a position, remember is not a financial advice
I have no issues, fears or concerned getting called away here. I know a lot of people are bag holding FSLY. COULD be a chance to DCA a bit and ride out the storm. Chipping away. 92% chance this one expires worthless next week and I sell some $65 for Dec.