FSLY trade ideas
FSLY STOCK bullish divergenceBullish divergence has formed in 4hrs time frame ...............i believe bottom is almost here ..........need conformation engulfing candle to enter the trade
$FSLY | WEEKLY WATCHLIST 12/20$FSLY 1D
Strong move on Friday. If lows hold, we can see continuation higher to my wave 3 target of around $50. A daily close over $41.75 will give me conviction for a swing.
$FSLY - Calls > 41.6 | Puts < 34$FSLY - Calls > 41.6 | Puts < 34
- Weekly inside bar
- Bouncing from weekly support level
- Weekly levels on chart
$FSLY Bullish Gartley: Buying Between the .786 and .886 Retrace.Been waiting a while for this one lets see if it will be worth it.
We got bullish divergence on the MACD nothing much on the RSI but still a nice looking Harmonic here at an old zone Support/Resistance so it's worth a shot.
Fastly Close to bottom 50% plus returns expectedFastly is in a position to go on another run. It is close to bottoming out. The Risk to Reward is very favorable at these levels
$FSLY #FASTLY #METAVERSE waiting a RETEST in that area to start creating a position, remember is not a financial advice
FSLY Waiting for this to make a new higher low and its still tradeable. 3-1 still valid on targets potential for TRV ( 3 rising Valleys)
FSLY ER beat. What's next?FSLY moved strong AH on ER beat but at open it did not hold gains. Mostly because they did not improve much financially since last ER and outlook had been lowered. But, I do think FSLY is very strong at these levels and patience will pay off here. FSLY had again filled its gap from May and got rejected, retesting 20 day MA. If it can hold 20 day MA, I don't see why it cant run even higher. It is in between two massive volume shelfs and some strong price action the next week could see it rally back to 80-90 range which there is a gap yet to be filled.
FSLY- Watch for Bull flag break out .FSLY is forming the bull flag on top of the Wedge.
Watch for the break out.
Follow the pivot levels for the price targets
Fsly Earnings play Fsly still in a downtrend Just reported earnings and was unable to break previous resistance and $64.00. The Zone of resistance I have market is between $64.00 and $78.00, which bulls needs strong momentum to push through. Keep an eye for the break of $78.000 it has to to run to $100.00 from there.
NYSE:FSLY
$FSLY | EARNINGS LOTTOFastly has a bad track record on post-earnings reaction. Although chart looks fairly bullish, worth a small lotto play for downside.
FSLY LongTrendline break
Demand Zone Conformation
Entry 44.8
Stop 33.5
Target 63
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
$FSLY | WEEKLY WATCHLIST 11/1Another prime example of AMAZING chart setup, terrible timing. Fastly reports earnings on November 3rd, therefore I will be waiting until after to consider a position. Textbook wedge breakout, with the retest holding into a bull flag which is looking to confirm. If we can hold above $52, targets above include $55, $58 and $64.
Go to RestThe stock was going up very well. It needs to take a little break and unload on the indicators. So it's a short position for now. Then we will be able to gain a position again with higher targets. We trade a rebound from the level.
Watch closely, there could be pullbacks. You can exit the trade with a stop loss if it goes above the 61
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Fsly ready for next leg upConsolidated here after massive 10% 1day run and gave the indicators time to cool off.
I think with some momentum from tech it could finally push over 50$ and hold
long over 50.35
Lotto PlayLast few FSLY Earnings have been a disaster for the stock price, lets see what Nov 3 brings this time. From the chart looks like its poised to go up (~60 ), so i picked up some lotto's on it. Hopefully they do a better news this time.
FSLY - D :: Forget about the TikTok dramaThe bears argue that Fastly is suffering the loss of its largest customer, as regulatory restrictions still cloud the company's relationship with Chinese-owned social media giant TikTok. That's unfortunate but hardly the end of the world. At the start of the coronavirus pandemic, TikTok's content delivery orders accounted for more than 10% of Fastly's quarterly revenue. Yes, that's a large customer, but Fastly doesn't live and die by that contract alone. The company can now redirect the networking assets that used to be earmarked for TikTok's use into other customer relationships.
So Fastly deserved a slap on the wrist when government orders separated the company from TikTok. Instead, Fastly shares got a massive haircut.
The business is still in great shape, just so you know. Sales rose 14% year over year in August's second-quarter report. Fastly's customer count rose from 2,458 to 2,581. The net retention rate across the last four quarters was 135%, which means that the average contract renewal was signed at a 35% higher top-line value than the deal it replaced.
Fastly is doing just fine and should get back on its feet in a hurry as investors start to forget about the fading TikTok drama. In the meantime, you can pick up Fastly stock on the cheap.
$FSLY Should be on your list this week Fastly (weekly) so far has recaptured 21EMA and right at the volume shelf resistance coming off a triple bottom.
If it breaks higher, good volume pocket above ... Plus keep in mind only 116M shares outstanding so good squeeze potential for a mid cap.
Just look at the run back in June... not saying that will happen again, but with a good ER and the setup, I think this COULD see $68 quick and should be on your watchlist.
$FSLY first target hit...last week $48 calls bought at $0.26, now $1.71, wish I bought more! Close those out, looking out for a spread position for the next target price around $60
FSLY Major Trendline ResistanceNYSE:FSLY is currently sitting on support with a major trendline resistance which is dictating the medium-term downtrend.
If the $35 level is broken to the downside then the stock can see a big decline in price.
On the other hand, if the trendline can be broken then a potential uptrend may be on its way.
