FSLY20 point move!!! yesterday after finally breaking out of 102 level. Now resisted at 1.272 (123). 112.53 acting as support so far. If that holds and finds vol, can push to 150 which is 1.618 fib
FSLY trade ideas
$FSLY Fastly Upside targets Stock move of the day, producing some incredible gains and it may not
be the end of the road quite yet.
Closing at a all time high may result in back-test
of $118 as support, before advancing to $130 in the short term, with $140 as a medium term target.
FSLYFSLY - Trade Idea - Oct 9 125C - bid/ask: 2.20/2.50
Closed at 120.33 today after a big breakout above
102 and 117 resistance
I would like to see FSLY break above 122 in the first
15 minutes and run towards 127-134 by EOD
$FSLY Breaking loose from a two-month base on monster volume. Fastly, Inc. Well-bid cloud computing industry. YoY Sales of +60% Working on the earnings part of the picture. Good accumulation, presumably from funds. Second base breakout this year. Popular CANSLIM type play.
FSLY: Targeting $89.25 - $90.86Friday created a Head and Shoulder play and this morning it retraced Friday's Loss. On its way down? I think at least in the short term
$FSLY Fastly Gap Fill Trade Setup
Although it had a quiet day today , there looks to be a gap fill trade opportunity.
Fastly in wave 3 of 5.Currently heading up towards the 1.618 resistance of wave 3 where a pullback into wave 4 is expected to around the .382 level (around 91.5). We then enter wave 5 up towards the gap fill and if momentum is strong and volume is there, to new ATHs.
$FSLY Fastly Bullish Gap Fill Trade setup
Beautiful reversal from the lows which is now sitting just below a 7.5% gap.
Alert set for break above key psychological resistance @ $100.
Upside gap fill target $107.64
Resistance is weak above so a rally to old highs is very possible.
Here is a Buy Setup in Fastly $FSLYBuy, when we break above the purple line.
Moving averages are rising and act as support.
FSLYLet's do this. This stock still has a lot of juice to go sky high. Buy at the break of $100 or here is fine too. Follow the horizontal lines for potential targets.
FSLY to 100$ againFSLY after breaking descending triangle (see previous trade idea in the link below).
Got pullback and now might have reversal upward to 100$.
Stop < 85.4
FSLY update - Another bearish pattern failing. BullishFastly is likely failing the potential bearish head and shoulders everyone was watching. A close above 96/97 sends it to new all time highs IMO.
Previous analysis on FSLY:
Click chart and scroll down for my most recent posts on it.
Bullish upside on 4hr. Bullish pennant found on the 4hr TF and the daily head and shoulder may be invalidated. Lets lookout for the opportunity ahead
FSLY Long Constructive chart. The 20 EMA is starting to trend upwards. If we break the downward resistance on heavy volume would be an ideal long play.
Price Target: $125
Shorting Fastly- Rejection at the right shoulder spells troubleThe consolidation has been ongoing and the bearish engulfing candle at the right shoulder is showing the 2nd rejection. As such, we think that the price will target 123.6% of the head and shoulder minimally which if it rebounded strongly, it means the Head and shoulder will have a failed break below.
