FSLY trade ideas
FSLY target 90 for wave 1FSLY approaching 90 to complete our wave 1 move off the lows, looking for a wave 2 back down, at which a more bullish trend will be more apparent. If we can hold the lows made back in November, I would be confident taking a position with a stop underneath that low, and hopefully riding it up to our wave 5 target at 140. Copyright Rohan Karunaratne 2020
FSLY Rebound WaveFSLY on the hourly chart has made a higher low, as well as the daily chart. The hourly is showing a bullish moving average crossover. FSLY is a fast mover so this post was a little later than my earlier entry, where i entered at $74.5. I expect this over the next day or so to move to a higher high toward the $80 range.