Get started

Fastly

FSLY Fastly close to 52 week low If you haven't sold FSLY despite the bearish Head and Shoulders chart pattern: Then you need to know that Fastly, a leader in global edge cloud platforms, has recently unveiled its latest innovation: the Fastly AI Accelerator. This marks the company's first AI solution aimed at enhancing the developer experience by boosting performance and reducing costs for applications utilizing large language models (LLMs). The Fastly AI Accelerator is designed to optimize API calls and minimize expenses through intelligent, semantic caching. Leveraging Fastly's robust Edge Cloud Platform and its industry-leading caching technology, the AI Accelerator employs a specialized API gateway to significantly enhance the performance of apps using popular LLMs, starting with ChatGPT and soon extending to other models. Given this promising development, I'm considering purchasing the $7.5 strike price call options for FSLY, expiring on July 19, $0.31 premium, to capitalize on the potential growth and increased market confidence in the company's innovative edge cloud solutions.
NYSE:FSLYLong
by TopgOptions
Fastly Shares Plummet 35% On Lowered 2024 Revenue GuidanceFastly ( NYSE:FSLY ) shares plummeted 35% on Thursday after the company lowered its 2024 revenue outlook due to pricing pressure for its top customers. The company reported first-quarter revenue and earnings slightly above consensus estimates, but shares plunged on management's outlook. Bank of America downgraded the stock to underperform from buy, questioning a rebound in 2024. Fastly competes in the content delivery network (CDN) market vs. Akamai Technologies (AKAM) and Cloudflare (NET). Fastly's network increases the speed of e-commerce transactions, business software downloads, and video streaming to mobile devices. In the March quarter, Fastly ( NYSE:FSLY ) reported a 5-cent loss on revenue of $133.5 million, up 14%. Analysts had predicted a 6-cent loss on revenue of $133.1 million. Fastly ( NYSE:FSLY ) lowered its revenue outlook to $560 million (11% growth) at the midpoint of guidance from $585 million (16% growth). The pricing pressure came late in the quarter as renewals resulted in lower-than-anticipated pricing and volume increases. Management saw a shift in the market since February, with material shifts in revenue and volume intentions at some of their largest accounts. Shares were down 27% in 2024 heading into the Fastly earnings report. Cloudflare earnings are due after the market closes on Thursday, and Akamai reports earnings on May 9. Technical Outlook Fastly ( NYSE:FSLY ) share is down 35% trading below the 200-day Moving Average (MA) with a Relative Strength Index (RSI) of 21.33 positioning the stock within the oversold region, hence traders ought to be cautious of a trend reversal.
NYSE:FSLYShort
by DEXWireNews
Fastly (FSLY) Reports Q3 Earnings Not Bad For FastlyFastly (FSLY) reported $127.82 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 17.8%. EPS of -$0.06 for the same period compares to -$0.14 a year ago. Here is how Fastly performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: 1. Total Customer Count: 3,102 versus 3,107 estimated by two analysts on average. 2. Revenue- Non-enterprise customers: $11.62 million compared to the $12.30 million average estimate based on two analysts. 3. Revenue- Enterprise customers: $116.19 million compared to the $114.62 million average estimate based on two analysts. Technical Analysist Price Momentum FSLY is trading in the middle of its 52-week range and above its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value. Market cap: $2.12B A market capitalization between $2 billion and $10 billion places FSLY in the mid-capitalization category.
NYSE:FSLYLong
by DEXWireNews
FSLY Fastly Options Ahead of EarningsIf you haven`t sold FSLY Head and Shoulders bearish Chart Pattern here: Then analyzing the options chain and the chart patterns of FSLY Fastly prior to the earnings report this week, I would consider purchasing the $17.50 strike price Calls with an expiration date of2023-9-15, for a premium of approximately $1.97. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:FSLYLong
by TopgOptions
Fastly turning around? Fastly Short Term We look to Buy at 13.46 (stop at 11.36) Preferred trade is to buy on dips. Posted a Double Bottom formation. 20 1day EMA is at 12.42. There is scope for mild selling at the open but losses should be limited. Our profit targets will be 19.97 and 27.19 Resistance: 20.00 / 44.00 / 50.00 Support: 13.50 / 10.00 / 5.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:FSLYLong
by Saxo
1
Fastly speeds through supportFastly - Short Term - We look to Sell at 33.50 (stop at 37.10) Previous support, now becomes resistance at 34.00. There is no indication that the selloff is coming to an end. 20 1day EMA is at 36.50. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 33.50, resulting in improved risk/reward. Our profit targets will be 23.40 and 20.10 Resistance: 34.00 / 44.00 / 50.00 Support: 30.00 / 25.00 / 20.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:FSLYShort
by Saxo
1
FASTLY Ready For Lift-Off [LONG]The chart here of FSLY might be one of my favorite looking charts of recent memory.. however, if you are a close follower of the company, you may be a little fearful at the moment as this stock has gotten hammered for 10 months now. Not to mention the miss they had on earnings recently PLUS a bug in the company's infrastructure that apparently caused the web traffic of a major customer to vanish for almost an hour. This has resulted in shareholders dumping the stock and leaving it for savvy traders to now scoop it up for pennies on the dollar as the stock has fallen 75% in value back down to fair value areas according to what we have outlined here in what appears to be the completion of a classic 5 Count Elliot Wave correction. And now this young stock has found itself back above the $41 price level.. a very important level as there is nothing to catch the price below this level as far as the eye can see according to the common Fibonacci retracement of this asset's all time high to its all time low. This makes the levels shown on this chart very credible and one who owns this asset would be wise to not fall asleep on what is happening to the stock's current price. Furthermore, we have possible classic bullish divergence on the weekly.. although it is much more discernable on the daily. Either way, FSLY looks all systems go in the fact that it is sitting snug above our .236 fib level, a technically great area for price to run to higher prices if support is maintained here. It is currently a 6% drop to reach our desired entry at $41. So one might find a better, yet slightly riskier entry just above our heads at the next fib level which would be $45.40. Much higher above that we have more buy zones but the spot we are at now will be where the most gains are made. Lastly on Fastly, anything below $40 is bearish and a daily/weekly candle close below this level would be enough to refrain from looking for any further longs in the immediate future. If you own this stock and you are fed up with it, you may want to stick it out just a little longer as FSLY could be looking at a DOUBLE in price in the not so distant future.
NYSE:FSLYLong
by TradeVibez
FSLY clear bullish ready for b/oI really love their services and can see a lot of room for growth with cloud and real-time communications and security and IoT-related businesses. The chart was also acting very predictable from July, having 5 breakouts on the same area around $83 where we sit now! All started from the first breakout in early July after some bullish accumulation. It dropped multiple times to 80-83 area (VPOC) with so much bullish accumulation, confirmed by 5 times b/o from that level (indicating institutional investors are buying more to help breakout there). Now we sit at the same level. the last time we broke it lower was with the TikTok surprise and panic sell, which may not happen this time (no surprise to investors now). Last ER, we had a drop for 3 days and then a run to a much higher level. And why I am long now? I love their service long-term, so clearly bullish on them. touching strong support area now which has a history of 5 breakouts! touching 200ma on daily as potential support, making this 80-83 box now even stronger support 80 psychological support level very good risk/reward at the moment. Risk levels: 80, 72, 70, 65, 60. Reward levels: 90, 100, 107, 120. Trade safe!
NYSE:FSLYLong
by AlphaTradingAcademy
2