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Analysis: #NYSE $FSLY

Case 503 #Fastly Inc. - REVISITED

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#FSLY 1/4
Chart 1
Weekly Chart: #Resistance at the Aug. 20.19 #trendline has proved formidable and the inability to close above control at 131.59 is weighing on price. The May 2020 has already cracked and is now targeting the Aug. 2020 #pivot at 74.96 with .....

FSLY 2/4
..... the #Fib. 0.50 at 73.57. Buying interest is noted around the zone 68.85- 53.80 whilst synthetic #support is sloping at 56.93 (Monday 19th).

FSLY 3/4
Read 4 tweets
Analysis: #NYSE $FSLY

Case 351 #Fastly Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#FSLY 1/3
Chart 1
Daily Chart: A strong #parabolic move has seen price close above one year #trendline resistance and a new all time high of 82.68 has just been recorded - this has stopped short of synthetic #resistance at 83.93, a close above targets 94.34/68.

FSLY 2/3
Chart 2
4 Hour Chart: Risk to reward considerations are poor as price has still not corrected lower since the parabolic move - attempt small buys.

The #Strategy is printed on the image.

$FSLY 3/3
Read 3 tweets

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