Fastly (FSLY) Recently Broke Out Above the 50-Day Moving Average

Fastly (FSLY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FSLY broke through the 50-day moving average, which suggests a short-term bullish trend. FSLY could be on the verge of another rally after moving 14% higher over the last four weeks. Plus, the company is currently a Zacks Rank #2 (Buy) stock. The bullish case solidifies once investors consider FSLY's positive earnings estimate revisions. No estimate has gone lower in the past two ...