I think the B wave is in ~88. Expecting more correction at this point for a C wave.
FSLY still looking like a corrective move at this point. Still think a higher wave b then move towards a lower then 74 C. Could be that its overall corrected but not my most likely count right now.
Fastly price action is currently sitting on support at 78. It is also nicely sitting on a 20-day moving average support. Short term trend so far is still intact. Midterm and long term trend is still bullish. Fastly is on healthy correction. Interesting to note is a major support at 76.44. The probability of going down its support may be low as selling...
FSLY still think going for a b wave up . invalidated under ~74
based on movement today I'm leaning toward A being in and looking for slightly higher B at this time
Expecting another wave down to finish out an A.
Waiting for an impulse to signify a bottom in this correction. FSLY has a lot of potential based off of this impulse.
The correction was quicker/shallower than anticipated. Looking at a 5 wave completion to finish out this impulse.
waiting for a wave 4 to start the next move up to ~$100
$FLSY Over-extended - Possible Double Top Volume and RSI trending down since first peak earlier this week. Recent parabolic run up is unsustainable. What goes up must come down. Near term target: $72.00 support level (if support broken next target $65.00)
Buy Long: Fastly Inc - Ticker: FSLY - Sector: Technology Industry: Software—Application Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts Buy Entry: 48.07 to 52.36 Stop-Loss: Available to Subscribers Take Profit Price Targets: Available to Subscribers NYSE:FSLY NYSE:NET NASDAQ:AKAM $FSLY #Fastly $NET Cloudflare $AKAM...
$FSLY is hitting the pivot resistance on second day. RSI is 78. It may need to pull back before continues to rise. If you think my charts useful for you, please just leave me a "Like". thx