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FSLY forms Stochastic Sell Signal on July 16
FSLY posted a 1.6% gain on Thursday, July 16th, accompanied by 0.8× normal trading volume. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 19.65, 18.99 & 18.22, with resistance at 21.08, 21.85 & 22.51. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of FSLY: A
There’s more where that came from. See all of today’s signals for FSLY here.
Read full article here »