Fastly (FSLY) reported $127.82 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 17.8%. EPS of -$0.06 for the same period compares to -$0.14 a year ago. Here is how Fastly performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: 1. Total Customer...
If you haven`t sold FSLY Head and Shoulders bearish Chart Pattern here: Then analyzing the options chain and the chart patterns of FSLY Fastly prior to the earnings report this week, I would consider purchasing the $17.50 strike price Calls with an expiration date of2023-9-15, for a premium of approximately $1.97. If these options prove to be profitable prior to...
#TECH Stock zero idea what this company does but the chart looks great on a Log scale #Blowoff top all stars are aligning
I do not own a position in FSLY. This is the first time I've looked at it and I know nothing about the company. I'm just treading the chart FWIW. If I were LONG I would definitely be Selling and protecting my Capital while looking for a new re-entry Price Point lower down possibly at the 50% retracement Level. If I were Shorting, now would be a good time.
An S/R flip is taking place on the weekly chart with a bull flag in the making as well. The anchored VWAP from January '21 pivot is above around $32.25.
As $FSLY wanders around 15, there's a lot to question. Today, new rate hike expectations were priced in as the Fed continues to fight inflation. However, if equity bulls find a way we will likely see FSLY continue to outperform..$AI is another proxy to watch
Fastly Short Term We look to Buy at 13.46 (stop at 11.36) Preferred trade is to buy on dips. Posted a Double Bottom formation. 20 1day EMA is at 12.42. There is scope for mild selling at the open but losses should be limited. Our profit targets will be 19.97 and 27.19 Resistance: 20.00 / 44.00 / 50.00 Support: 13.50 / 10.00 / 5.00 Disclaimer – Saxo...
Has claimed 11 EMA and VMA...holding well in the supply zone. Once the 50 EMA is cleared, might go for gap fill @ 23
gap fill below at 20 and ATL 10.5 is absolutely on the cards, IF secular growth investors don't come to the rescue here
Fastly - Short Term - We look to Sell at 33.50 (stop at 37.10) Previous support, now becomes resistance at 34.00. There is no indication that the selloff is coming to an end. 20 1day EMA is at 36.50. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance...
$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.
waiting a RETEST in that area to start creating a position, remember is not a financial advice
Fastly has a bad track record on post-earnings reaction. Although chart looks fairly bullish, worth a small lotto play for downside.
Another 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.
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...
FSY continues on its parabolic decline. This system which should take FSLY to its near term target of $37.00 is part of a larger parabolic decline that will unfold over the coming weeks. Opportunities to the long side will present themselves as the near term parabolic systems are completed.
Initiating a 1/5th position here for shares and long term 01/19/2024 $40C options Weekly chart should be at or close to near term bottom for a major wave 3 towards upper white box.