An absolute ton of growth names have s similar look to FSLY right now. They have all sold off hard had a relief bounce and are now testing support again. My play on these is to watch for a gap down tomorrow or and early flush below support then reclaim and then make a higher high. Setups like these look obviously bearish and suck in a lot of shorts only to reverse hard. For those who are bearish the best play to down side is to wait for the break of support and then go short on the rest test of the break down point. That is the best way to increase the risk to reward.
Yorum:
Holding the level but still asleep.