The bullish DailyPlay for Wednesday, August 19th is Fastly Inc (FSLY). FSLY has experienced a 0.97% gain over the past month and its 1M trend turned bearish on August 7th after pulling back from all-time highs.
- Revenue forecasted to grow 30.44% per year
- Outperforming the US IT industry by more than 5% this month and 279% for the year.
- Debt/Equity ratio has decreased from 57% in 2019 to 3.8% currently
- Price is currently at the $73 support which is still holding
- Very strong relative strength, technical score (10 out of 10)