Oversold now. Imagine the price was $20 level before Fastly business boomed and it price surged to >$100!!Just with a one time outage event, with lower quarterly revenue, price dropped to $40!Fastly has invested a lot to build strong the business model with superior signal tech, this is underplayed.Do also trace the trend for past earnings of Fastly, repeatedly happened.. earning missed, huge plunged, and shoot back right after. Just a cycle for this counter..Definitely good entry price since it get stabilised post earning last night. Won’t strike the bottom, but for 10-20% gain from price entry of $40 range, it’s brainless decision to make.Short term target price is $55-$60, with any development of it buy-out plan, $70 level is achievable.$Fastly, Inc.(FSLY)$
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