$FSLY Fastly Potential Day Trade Potential long trade setup in FSLY for today after the company provided some clarity and reassurance on their earnings call yesterday. Currently under the overall .5 Fibonacci level, so alert set for break above. Upside Target $77.15Longby Bullishcharts14
$FSLY Broadening megaphone topGIven the recent drop and elevated IV—it looks like a major drop is forming. If it breaks the down trend, this thing is going down to 60 or lower.by Trdngvwr180
$FSLY Fastly, Is all the bad news out ? Earnings Risk Is it worth the risk, the bad news is out and the earnings call gives the company the opportunity to address investors and analysts concerns. The stock is oversold and on support which held on 3 previous occasions. The risk to the downside remains considerable despite retracing 50% already, the 200ma and Fib Gp is the next support @ $55-$60. Upside potential is possibly more limited but bulls would hope for a visit to the .382 Fib level. Longby Bullishcharts3332
Time To Try Some FSLY LongThis is a fairly straightforward trade idea and I'd like to take this FSLY long off of it's support zone. It reminds me a LOT of the LULU call I had a few weeks ago that printed money, so here's hoping this does the same. Obviously a close below this level would be terrible for the stock, so I'm basically going to be long with a target of 100 until that happens. Cheers!Longby PropNotesUpdated 7
FSLY- Can it recover? Multi-time frame analysisBoth weekly and daily demand zones look shaky and precarious. There are still AKAM and NET. Diversify your CDN and edge computing plays.by LibratusUpdated 222
FSLY - Long watchFSLY - currently at the the major support level. ER coming soon so need to watch for the interesting price movements. Note : Doji formation at the support level may indicate the reversal. Note : This analysis is only for educational purpose and it should not be used as investment guidance. Please do your analysis before initiating any positions on the stock. by Bullzz0
$FSLYNasty couple weeks fpr FSLY bad news after bad news. Held 73 level which has been long time support. Its kind of in dangerous zone and what happens to this stock in the short term likely depends on earnings and the guidance. Levels marked with fibs by dragonboys0
FSLY oversoldFSLY possibly oversold, back at the demand level at$75, historical support level well held. Expect FSLY to recover to 100MA around $85, and fib 0.236 - $88.Longby UrBullishGrace5
FSLY ER/Run-up PlayFSLY LONG Weekly ER/run up play. FSLY recently sold off to guidance loss. I think the sell off has reached an end and should reverse now. It closed right on support (red trend line) with a dragonfly doji on the daily. The ER is on 10/28 AH Optimal Entry As long as it opens above support it should be good for a reversal. Possible gap up PM. I'm not entering if it's higher than 79.5. PT purple resistance SL red support Contracts I'm expecting a beat for earning but since they have bad guidance forecast I will be making a straddle. Buy the 10/30 80c, sell the 85c, and buy the 65p. Net debit should be around 2-2.5 (break even would the be around 62.5-63 on the downside and 82-82.5 on the upside, so around 18% on the downside and 8% on the upside. You can play the run up however you want. Close the contracts before 10/28 closing if you don't want to lotto. The above contracts are for the ER gamble.Longby Chabias_Trades1
Careful hereThere is major support at this level! I am torn to going long, but there is a lots of uncertainty regarding The tiktok effect! Will see what happen with the election and any further issue coming from the White House.. Also watch out for earnings! They revised down, so it’s never good, even at earnings could keep going down to next support by aristocks0
Testing support at $74Flat bottom wedge pattern with nice confluence support at $74 and near term resistance at $98. Stop loss at $70, which is 1 ATR (on the hourly TF) below the previous low at $71.5. Take profit #1 just below resistance at $99, take profit #2 at $110by danjones30390
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.by crawfordpaul0
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.by scheplick5531
FSLY to Long, at bottom of sidewaysIn Uptrend, at bottom of sideways; Entry 76 Stop 69 Target1 97; reward:risk=3:1 Target2 130; reward:risk=7:1 Earning date 10/28/2020 4 PM I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. Longby PlanTradePlanMMUpdated 665
Fastly : Buy it when it reach the support .It doesn't require a high IQ .by UnknownUnicorn11106697Updated 2210
Day 6 after selloff. Time to go long. In 79.9Also bought some Calls going out to November.Longby Barker443