FSLY — All updates

Look at Fastly, FSLY. Now, the key here is where can price close? We clearly see we closed today $29.65. that did not trigger this inverse head and shoulders that is drawn on your chart.

Where am I talking about on FSLY? Well, first we need to put in a daily close above 29.83. If we can do that, that increases probabilities of price action on FSLY pushing up to $46.33.

Fastly here is one that we'll take a bit closer look at, and I'll show you how this will ultimately work out into putting together a little mini basket of stocks in the portfolio.

We looked at Fastly financials at a very, very brief high-level look here. The revenue has re-accelerated. It's mid-twenty percent range now in the most recent quarter, and they're making progress on free cash flow and operating margins.

And then the one from Fastly, which looks pretty similar.

Fastly, also kind of more of a next-gen CDN service. Also lots of various products in here: the basic CDN, cybersecurity, some compute products as well. They're getting a bit into compute, allowing customers to perform some compute directly at the network edge, and then observability, which we've talked about before.