Fastly: decline ongoing, but technical indecision is growing

Fastly, Inc. Class A is at week 8 of a sell signal, with the trade showing a 24% gain from entry. The week closed up 2.7%, with sellers still prevailing at 55%; on the daily chart, a double bottom in the 16 area has emerged, introducing a note of caution. The quality band flags trading as not recommended: this is not the moment to open new short positions.