Bullishcharts

$FSLY Fastly, Is all the bad news out ? Earnings Risk

Panjang
NYSE:FSLY   Fastly, Inc.

Is it worth the risk, the bad news is out and the earnings call
gives the company the opportunity to address investors and analysts concerns.
The stock is oversold and on support which held on 3 previous occasions.
The risk to the downside remains considerable despite retracing 50% already, the 200ma
and Fib Gp is the next support @ $55-$60.
Upside potential is possibly more limited but bulls would hope for a visit to the
.382 Fib level.

Penafian

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