crawfordpaul

FSLY Support and Resistance. Potential Bearish Flag

NYSE:FSLY   Fastly, Inc.
FSLY is being faced with a class action law suit and it has caused lots of volatility for the stock price. It has moved back into its price range from late June and it seems as if it is ready to wipe these gains out. A drop below 71.52 and 68.74 could create more rapid sell off for FSLY. If price breaks the top of the flag and more buyers take interest, it is likely to move back up and first test the 100 day SMA as resistance and slowly move towards 91.41 to consolidate between 78.58-91.41 before moving higher or lower.
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