Potentially setting up for a reversal here
Update to this observation:
Update to this observation:
Nota
FSLY proved how significant the trend line is today. I'm not giving it much room to go against me. May need to get flushed down before turning higher. Dagangan ditutup: sasaran tercapai
Great move today in FSLY and exactly what it needed. I will be adding at 83/84Nota
I view this as the most probable outcome for FSLY at the moment. I DO NOT see a head and shoulders forming. I do think 106 will be resistant and may appear to be a shoulder, in what I think is a bullish broadening wedge above the 50 day moving average and its major trend line.Nota
retrace and bounceNota
We the strong follow through I was looking for:Nota
Possible false H&S developing. Fake head and shoulders patterns are a pattern in itself, and often even more powerful. I already took profit on FSLY but I am keeping an eye to get back long. Here is what we could see if the H&S fails:\Nota
Looks like we have confirmation as of yesterday of the failed H&S I was looking for with a break above the the key 86/87 spot:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.