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Fastly Inc (FSLY) “On a long-term technical basis, the stock (FSLY) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 58.43 and 50.49. If the stock breaks down through support at 58.43 then it will probably continue lower to 50.49. The stock will meet resistance at 88.00 and 94.67. If the stock breaks up through resistance at 88.00 then it will probably continue higher to 94.67. The 200-day moving average is at 26.48. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.62).”
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