2Y7 trade ideas
Head and Shoulders for FSLY????WOW!!! This could be developing a MASSIVE head and shoulders that if played out would drop the stock to ~$35. Anyone long this should take notice of the ~$75 support line. Luckily FSLY still has a major gap to fill back up to ~$105. I anticipate this to play out over the next week if the market stays strong. AAPL and TESLA having their split should cause another ridiculous melt up of the market carrying everything to the moon. Any longs should hope for consolidation around the $95 to $105 level to break this potential head and shoulders.
FSLY LongNice opportunity with Fastly.
After a price collapse and a huge gap down, the stock starts rising back.
We can see a double bottom pattern on support, we can see trendline going up, we can see support in 20 and 50 EMA, and bullish engulfing candles in recent days.
The signs say give it a try.