Fastly, Inc.Short
Midweek Watch 8/04 - $FSLY SHORT
My Level: SHORT at $40 and $41
Why: I'm looking for a fade on this on a pop. This has a $2 - $3 range on this. When you look at their earnings, the top line they missed by a hair and they are talking about cutting their fiscal year 21. No one likes when they start cutting guidance. This is a name that is already breaking down and could remain heavy. Sometimes these are the easiest trades. Could give us the opportunity for a slow fade.
Why: I'm looking for a fade on this on a pop. This has a $2 - $3 range on this. When you look at their earnings, the top line they missed by a hair and they are talking about cutting their fiscal year 21. No one likes when they start cutting guidance. This is a name that is already breaking down and could remain heavy. Sometimes these are the easiest trades. Could give us the opportunity for a slow fade.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.