Bearish on $FSLY: earnings sell-off undercuts moving averages — no early support despite index strength.
FSLY is treated as a “blow-up day” short setup: it sells off on earnings below key daily moving averages and shows no early institutional bid even when indices are rallying.
Fastly (FSLY) is explicitly tied to earnings-driven weakness that drops it below multiple key daily moving averages. The argument is that, with intraday context turned “off,” there’s little point hunting for ORB-style longs early because the stock is getting sold while larger operators pile in elsewhere.
Publish-day $19.03 · 05/13
"The Trading Session That Nearly Ruined My Month (+17% Recovery)"