Cyber MondayUp to 80% OFF
Fastly, Inc. Class AFastly, Inc. Class AFastly, Inc. Class A

Fastly, Inc. Class A

No trades
See on Supercharts
OverviewFinancialsNewsIdeasMindsForecastsSeasonalsBondsETFs

Trade ideas

FSLY Support and Resistance. Potential Bearish FlagNYSE:FSLY is being faced with a class action law suit and it has caused lots of volatility for the stock price. It has moved back into its price range from late June and it seems as if it is ready to wipe these gains out. A drop below 71.52 and 68.74 could create more rapid sell off for FSLY. If price breaks the top of the flag and more buyers take interest, it is likely to move back up and first test the 100 day SMA as resistance and slowly move towards 91.41 to consolidate between 78.58-91.41 before moving higher or lower.
NYSE:FSLY
by crawfordpaul
Not sure I under the Fastly obsession Fastly trades at at a price-to-sales ratio of 32. AND that's after a 40% drop in its share price and a guidance cut. I mean, there are 4000+ other stocks to pick from and probably 10 other similar names in this space. I'm not sure I understand why so many people are crazy bullish about this name. Unless you think they can double and triple their revenue for the next 3 years without any more hiccups, this thing is still way overvalued and potentially way over followed. Now, I have no position, and I respect the companies product. Becoming a publicly traded company is NOT easy. So anyone company that does that? Well ,impressive. But, this definitely on my watchlist. I think if it can bounce back into the 80s, some puts will look mighty attractive. a return to $50/share seems possible.
NYSE:FSLY
by scheplick
5
FSLY watch for the relief bouncIt's possible we may see a relief bounce in FSLY tomorrow. This could make for a quick scalp long or a chance for people holding shares to get out at a better price. I'll be watching for a move back into 100/105 area. Alternatively, if we lose the post market low, price is likely to test the bottom of the box I have drawn. I would not recommend buying and holding the dip. These selloffs rarely find bottom in the first 2 days. Better to wait unless you are scalping or trying to get out.
NYSE:FSLY
by WadeYendall
4