FSLY trade ideas
FSLY Buy signal (Demark Sequential)It's been really easy to trade this stock over the past couple months. Well known resistance and support levels.
FSLY over 91.11Looks ready to move up if it can clear this VPOC. Doesn't have to fill the gap to make this a worthwhile move.
Fastly: next level at 127$
Fibonacci retracement indicates that Fastly has a goal in 127$. It has just started to bounce at 61,8%. For sure this is a bullish stock in the next weeks.
FSLYFSLY 1/7/21 Daily TF
1. Price action seems to bounce from channel bottom and 21ema.
2. MACD histogram shows bearish move losing momentum.
3. Stochastics at oversold level.
Disclaimer
I do not know how the market will move tomorrow. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice and recommendation. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
FSLY: GAP FILL IN PLAYBullish set up on Fastly
We have a huge gap to fill and a megaphone pattern.
Let's see if we can go fill that gap and move towards the top of the megaphone.
Fastly longHere is an easy ta for FSLY long:
Fastly made two highs in 2020, gapped down from the top at 132 to support 64 (+ trendline support) and is now consolidate.
I think this stock is for shortterm trade and longterm investment attractively as well:
You can use both entrys around trendline support (50er fibo) and bottom support (61 fibo).
RSI is currently trend down to support, so wait for a bounce to 20 upwards and momentum if you wanna trade this stock.
MACD is in the same mood,
Good luck!
Shakerthemaker
$FSLY Disgusted by Dec 22 fake breakoutI fell for it and got stopped out. So are the 2 smart money option traders who paid 3.5M+ on two different prints on 18 & 22 Dec. How can we avoid this fake breakout. What is your strategy to avoid this trap?
Fastly Short-Term Upside I see Fastly going higher from here. Hit $73.50 which is the .50 retracement.
A bounce to about 100 then another flush lower could happen, or this could be the bottom before major long-term upside.
Either way I would be buying below $75 per share.
FASTLY: bUYING SUPPORT LINE, SELLING ON RESISTANCEPRETTY SIMPLE TRADE F IT GOES AS IT HAS BEEN. NOT A PROFESSIONAL AND DON'T LIKE ALL THAT TECHNICAL TALK AND ALL THE INDICATIORS THAT PROFESSIONALS ARE USING AND LEAVE US ALL TO TRY TO FIGURE OUT WHAT THEY MEAN SO KEEPING IT SIMPLE. NOT RECOMMENDING THIS TRADE JUST SHARING THE MOVE I PLAN TO MAKE... THESE ARE FUN TO WATCH LATER:)
$FSLY 1D, CUP + HANDLENice cup and handle setup on FSLY with strengthening momentum. Trigger 103, stop 93. 1st target 117
FSLY - Santa rally coming to FSLY?$FSLY is slowly filling out the gap. Can this week's rally fill up all the way or the short week not enough?
#tradeidea
Broken Wing Butterfly
+1 Dec 24 $106c
-2 Dec 24 $109c
+1 Dec 24 $110c
Cost bases currently: $0.71
Max Profit $225 (~300%) @ $109 Strike
Above $108 180% profit
PoP: 30% *** LOW PROBABILITY PLAY
