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FSLY has regained the $100 level but I don't trust it for now as it's forming my favorite combination of ascending triangle and inverse head and shoulder. Not to mention the gap fill we are all waiting for.
-Bigger picture it's breaking out of symmetrical triangle which most likely will lead to a false breakout to retest near $96 level one more time before heading back to $102
-Outside of Technicals, doing a deeper research on FSLY biggest customers we have:
- Shopify
- Tiktok
- Spotify
- Github
- Fubo TV, and many more
-Big competition in this market, however, earnings are approaching on 2/17 so we can essentially see the push over $102 to $120 and with high volumeFSLY will catch the run to ATH and push even higher with increase of user base from its current customers and I'm targeting $150 approach that could be done with positive earnings response.
-Once the gap is finally filled, we will see the rally on this stock. Don't sleep on it
-Lastly, not included in the picture, Weekly time frame shows signs of positive divergence starting
FSLY has regained the $100 level but I don't trust it for now as it's forming my favorite combination of ascending triangle and inverse head and shoulder. Not to mention the gap fill we are all waiting for.-Bigger picture it's breaking out of symmetrical triangle which most likely will lead to a false breakout to retest near $96 level one more time before heading back to $102
-Outside of Technicals, doing a deeper research on FSLY biggest customers we have:
- Shopify
- Tiktok
- Spotify
- Github
- Fubo TV, and many more
-Big competition in this market, however, earnings are approaching on 2/17 so we can essentially see the push over $102 to $120 and with high volume
FSLY will catch the run to ATH and push even higher with increase of user base from its current customers and I'm targeting $150 approach that could be done with positive earnings response.-Once the gap is finally filled, we will see the rally on this stock. Don't sleep on it
-Lastly, not included in the picture, Weekly time frame shows signs of positive divergence starting
Not
Update: FSLY reach $119 target already.., This monster can prepare for ATH with MSFT good earnings so I can see it going to $150+
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.