Cloud Stock Ripe For Post-Earnings Rally

Shares of Fastly (FSLY) are down 2% at $9.85 at last check, trading at multi-week lows ahead of its fourth-quarter earnings release. Due out after the close today, Feb. 12, analysts are anticipating a breakeven result. FSLY is sitting just above its year-to-date breakeven level and struggling longer term, down 57% in the past 12 months. The equity has pulled back to a historically bullish signal, however, per historic data from Schaeffer’s Quantitative Analyst Rocky White.Per White, FSLY has recently come w ...