20/Nov/2019 02:44 PM AUTHOR: Brandon Gum
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2 to 1 RR
I wouldnt be surprised if this doesnt work out.
First level Im watching is the red which is also where the trgt was placed.
Stop was placed discretionary, not systematically.
Thought: What is the proper way to use Fibs here.
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Summary
Fastly, Inc. has developed a cloud platform that aims to be as close as possible to the end-users.
Investors who acquired shares at $16, $15, or even lower should be now celebrating the stock returns. They doubled their money in less than four months.
In our opinion, several indicators are suggesting that this name is now a Sell.
We don't believe Fastly...
------TARGET PRICE $32.50------ENTRY LEVEL $25.50-------.
BELOW $25 SUPPORT LOST, TIGHT STOP LOSS.
Source Motley Fool
On Aug. 9, following the company's second-quarter update, Stifel analyst Brad Reback reiterated a buy rating on the stock, noting its attractive valuation. On the same day, Baird analyst William Power reiterated his outperform rating, noting that...
