0A3P trade ideas
FSLY looking for a breakoutFSLY very oversold and RSI divergence spotted.
Dip over and has started the consolidation phase.
Possible support found at 80 (Good buy wall)
Earnings missed causing the drop. announced 2/17.
Looking at 3/26 100c
Greeks pulled 2/21
Delta
0.2179
Gamma
0.0153
Theta
-0.0812
Vega
0.0735
FSLY Long-term GemFSLY is a great company and has had a few red days lately. This stock will most definitely recover soon.
FSLY Great Long TermFLSY recently had a huge pullback, I am looking for a great next month from this stock.
FSLY SnapbackFSLY has had a 9 consecutive red day, earnings pushed it even lower into oversold levels, and opened today well below the bollinger bands showing that it is extended to the downside. I expect a rally and bounce from here back toward the 200 sma which is at the 82.5 range.
FSLY heading towards major supportFSLY has had pretty red couple of weeks for FSLY. It closed below the 200 day and there aren't signs of a reversal yet. I'm very interested to see what it does around ~70 if it gets there. That has been a huge support in the past. If it can hold 70 I'm sure the IV would be good enough to have good opportunities with bullish broken wing butterflies or bullish credit spreads. Under 60 it looks pretty grim.
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!
If you have Fastly, watch this..!Just closed below the 200 SMA for two consecutive days..! Take your money out of it fastly.
$FSLY Beware the falling 🔪Looking to get long near $50-60 although $80 is strong support there is lots of overhead supply which will weigh this stock down in the near future.
Edge Computing and CDN growth will be exponential - Zoom out!The recent market reaction to 4Q 2020 earnings report was less than stellar even though it was a beat on both the top and bottom line. I imagine the weaker guidance is only temporary will be bigger as more businesses pivot to the cloud and hence, edge computing for content delivery. We are long.
$26.62 Billion Edge Computing Market - Global Forecast to 2026: Market will Grow at a CAGR of 37.5%. Let that sink in.
LONG FSLY | Good Risk/RewardLet's go long here... this looks like a good setup... might take some time for it to materialize though...
Fastly might be slow to reach target! no pun intended! :)
$FSLY bear flag into EarningsPretty obvious bear flag forming prior to $FSLY up coming Earnings report, my guess is a big gap down coming :)
Fsly/ Found good supportFsly fell off last week with the news of the Orcle and tiktok deal shelved.
found support 96$ so that's where I'd place my stop loss.
FSLY - Would love to own shares at $75I like FSLY long term. I like the purpose of the company. I like the potential.
Fastly Inc. The gap strategyAt point 1, I noticed that after it gapped down it went right back up. Now we are seeing a gap down at point 2, what do we expect? Maybe similar to point 1. Make sure to like and share this analysis with every you know. Comment your support and opinion below. TRADE WITH PROFITS.
Warning, this strategy is not suitable for all stocks but just a handful of them.
