FSLY is currently sitting on support with a major trendline resistance which is dictating the medium-term downtrend.If the $35 level is broken to the downside then the stock can see a big decline in price.
On the other hand, if the trendline can be broken then a potential uptrend may be on its way.
Note
Testing resistance trendline now. Watch for a breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.