FSLY Breaking Out

Licia Leslie

Licia Leslie

Licia Leslie

By Licia Leslie

November 22, 2024

Hi Shoppers,


Fastly (Ticker: FSLY) had a tremendous day yesterday and it looks like this breakout is just beginning:

The top of the pitchfork is at $8.12 and the previous high is at $8.64.

 

Check out the Dec06 expiration calls:

The 7.5 calls right around $.50 will make money.

 

Trade Review

 

Alphabet (Ticker: GOOGL) did not trade higher so no trade was made.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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