FSLY With Volume and Catalyst Will FLY, To 115.00 Very SoonFSLY provides cloud computing to companies for their day to day operations with one being ecommerce powerhouse Shopify. With Covid seemingly not slowing down Fastly is sure to continue it's quick acquisition of customers for cloud computing. FSLY imo needs to keep landing customers and will with the current way this 2nd wave of the pandemic is playing out. Losing TikTok as a client hurt it but WHAT IF it gains another giant?? A catalyst is needed for a punch through the 108.00 mark and when that happens.. Up we go!
With volume this week, this thing can fly!
FSLY trade ideas
FSLYLooks like it’s gearing up in this ascending triangle. Has been consolidating in this for months!! This move could reach 155. Low of the day was around 100$. Strong suppor at 96$ and breakout resistance is 105$. Keep this on your watchlist im seeing some serious pop when this resistance is broken !
$FSLY - Bull Setup PrebreakoutApproaching a months-long resistance - couldn't break today but keeping an eye on it with continued market strength.
Target 1 - $101.35
Target 2 - $103.50
Target 3 - $105.82
Then we hope for a gap fill ;)
Want to see it break above ~$100 with strength and hold to initiate my position.
Like & follow if you want more of these :)