FSLY has officially turned bullish after breaking out of a long consolidation range in February 2026, signaling a potential trend reversal.
The stock rallied to a swing high near 34.8 before undergoing a healthy correction back into the Fibonacci Golden Pocket around 15.7. Buyers stepped in aggressively at this level, producing a strong rebound on more than twice the average daily volume, marking a double bottom pattern, price also just crossed daily EMA 200.
As long as the stock holds above 15 on a daily closing basis, the bullish structure remains intact. I expect FSLY to resume its uptrend and retest the previous high around 34.8. Further rally will begin after the breakout above 35.
The first major hurdle lies near 22, where a strong resistance zone must be cleared. A decisive breakout above that level could open the door for a move toward the prior highs.
Bullish thesis invalidation: A daily close below 15.
The stock rallied to a swing high near 34.8 before undergoing a healthy correction back into the Fibonacci Golden Pocket around 15.7. Buyers stepped in aggressively at this level, producing a strong rebound on more than twice the average daily volume, marking a double bottom pattern, price also just crossed daily EMA 200.
As long as the stock holds above 15 on a daily closing basis, the bullish structure remains intact. I expect FSLY to resume its uptrend and retest the previous high around 34.8. Further rally will begin after the breakout above 35.
The first major hurdle lies near 22, where a strong resistance zone must be cleared. A decisive breakout above that level could open the door for a move toward the prior highs.
Bullish thesis invalidation: A daily close below 15.
İşlem aktif
Bounced from support as expectedNot
FSLY continues the moveNot
hits the marked resistance.Not
here comes the breakout. İşlem kapandı: hedefe ulaştı
40% move so far, and counting.Not
almost 80% move so far.
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
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⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.