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re: stock tip...FSLY

Posted on 8/20/20 at 1:36 pm to
Posted by natsoundup
Simpsonville, SC, Jupiter, FL,
Member since May 2013
367 posts
Posted on 8/20/20 at 1:36 pm to
Agreed... but now the resistance will be 90-91, before more start believing...

Also there could be a bout of sell the news once msft takes on tik tok
Posted by cgrand
HAMMOND
Member since Oct 2009
47146 posts
Posted on 8/20/20 at 1:43 pm to
and thats fine, and actually good for the stock.
stairs are better than a ramp, both up and down
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 8/20/20 at 1:53 pm to
I wonder if FSLY has one more run before close, or if people will take their earning for the day.
Posted by cgrand
HAMMOND
Member since Oct 2009
47146 posts
Posted on 8/20/20 at 2:44 pm to
it does
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 8/20/20 at 3:22 pm to
I just got back to even today.
Posted by NoMercy
Member since Feb 2007
4721 posts
Posted on 8/20/20 at 6:46 pm to
And this is why I double my shares when it hit $80. Stock got too crushed. Thanks for the entry point. Ha
Posted by Tigers4life
The great US of A
Member since May 2004
1975 posts
Posted on 8/21/20 at 7:52 am to
I see 92-93 as level to watch.
Posted by cgrand
HAMMOND
Member since Oct 2009
47146 posts
Posted on 8/24/20 at 7:31 am to
strong premarket trying 90
Posted by cgrand
HAMMOND
Member since Oct 2009
47146 posts
Posted on 8/24/20 at 7:35 am to
quote:

Fastly upgraded to Outperform from Market Perform at Raymond James Raymond James analyst Robert Majek upgraded Fastly (FSLY) to Outperform from Market Perform with a $100 price target after hosting meetings with CFO Adriel Lares and technical industry checks. The analyst came away "incrementally positive" around the company's share gain potential, "more comfortable" with its relationship with Microsoft (MSFT), and "more enthusiastic" about the Compute@Edge offering launching in Q4. Fastly's software-defined network offers "top-notch performance" and product differentiation with its programmable platform built for developers suggest continued share gains and a durable long-term growth profile
Posted by GeauxGutsy
Member since Jul 2017
5909 posts
Posted on 8/24/20 at 7:44 am to
Going to be a great Monday!
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 8/24/20 at 7:48 am to
Gonna be a really good Monday
This post was edited on 8/24/20 at 7:49 am
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 8/24/20 at 9:33 am to
FSLY’s movement makes no sense sometimes
Posted by JJJrich
Member since Oct 2010
535 posts
Posted on 8/24/20 at 9:53 am to
Rotation out of tech this morning is the cause.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/24/20 at 10:05 am to
hey @cgrand..whats the bottom of trading pattern so I can get a buy order to print. $91 avg cost for me
Posted by Tigers4life
The great US of A
Member since May 2004
1975 posts
Posted on 8/24/20 at 10:15 am to
I will be watching the gap fill around 80-81s on FSLY to see if it finds support there. The double top and hard sell after was ugly. Also....the overall market had a big gap up overnight so there may be some back filling first before bulls come back in. Just what I see at this point of the day.
This post was edited on 8/24/20 at 10:19 am
Posted by cgrand
HAMMOND
Member since Oct 2009
47146 posts
Posted on 8/24/20 at 11:07 am to
quote:

hey @cgrand..whats the bottom of trading pattern so I can get a buy order to print. $91 avg cost for me

you should have bought this morning when it was red.
volume has been heavy the last several trading days, and millions of shares have been bought in the mid 80's.

there's a nice base formed now and i'm thinking this is the last we will see of sub-80
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 8/24/20 at 11:15 am to
ok dude thanks. I had an $77 order but it never printed
Posted by NoMercy
Member since Feb 2007
4721 posts
Posted on 8/24/20 at 11:22 am to
Yea I think we are pretty solid in the $85 range now.
Posted by natsoundup
Simpsonville, SC, Jupiter, FL,
Member since May 2013
367 posts
Posted on 8/24/20 at 11:31 am to
I think traders see Tik-Tok lawsuit and they panic... lots of traders out there... not long term holders...
Posted by NoMercy
Member since Feb 2007
4721 posts
Posted on 8/24/20 at 11:44 am to
Right. I think this is hit hard by traders and it just happened to get double tapped by earnings profit takers and Tik Tok panickers back to back.
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