Fastly, Inc.Long
FSLY | Next stop 0.5 fib @$98
Updated
FSLY is on the move, trading back to its previous accumulation range $80 - $85.
If $85 holds today, and through the weekend, this is headed right back up to its 0.5 retracement @$98. It may take a while if we see low volume but it will get there relatively smoothly.
Look for entry within the accumulation range, SL @$75.
If $85 holds today, and through the weekend, this is headed right back up to its 0.5 retracement @$98. It may take a while if we see low volume but it will get there relatively smoothly.
Look for entry within the accumulation range, SL @$75.
Trade closed: target reached
Actually didn't manage to get into this before it rallied as prices only just tapped the accumulation range, was hoping for low 80s as an entry point.Volume was much stronger than expected so the $98 PT was reached right away!
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