Fastly, Inc.
Long

FSLY coiling up near the gap low. Volume decreasing

171
FSLY has been consolidating at the bottom of the gap since the negative TikTok news. TikTok seems to be behind us and FSLY is ready for the gap.
If we have relative high volume, we break into the gap. If the QQQ is selling off, we may have to wait for next week.

Break out above $99.50.
Price Target 1: $123 (Bottom of the breakdown candle)
Price Target 2: $131 (top of the breakdown candle)

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.