FSLY coiling up near the gap low. Volume decreasingFSLY 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)