FSLY has filled the gap, and in my previous FSLY post i had posted shorting it from 120-105 as a reversal from the gap fill. Now that that idea has reached its target, a new idea of the false breakout ignited a new trade. The gap fill never held its breakout from yesterday and completely retrace creating a long wick doji and closing back under breakout level. This is a bearish sign, that it was a false breakout and more downside is ahead. I have 95 as a new target.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.