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Fastly Stock Could Stage a Quick Rebound

Still stinging from its Feb. 15 post-earnings drop of 30.6%, Fastly Inc (NYSE:FSLY) was last seen starting the holiday-shortened week down 5.5% at $14.92. Only a week removed from its Feb. 12 two-year high of $25.87, the stock is now trading at its lowest levels since October. For those looking to buy in on the dip, however, the recent pullback has FSLY within one standard deviation of its 320-day moving average, a trendline with historically bullish implications. According to Schaeffer's Senior Quantitativ ...