Trade Alerts – FCEL* / FSLY* – 06/10/2021
The Next Profit Accelerator Trades Are Ready
BUY CALL (or stock if you prefer above $10.20)
EXPIRATION: OCT 15
ENTRY: PRICE RANGE: $2.70 or Better
*FCEL announced earnings pre-market Thursday and they gapped down to an area of support. If the stock rallies above $10.20 it confirms the post-earnings bounce and may be used for a bullish trade. Because this bounce is also around the 20 ema you can consider using that area as the stop.
BUY CALL (or stock if you prefer if the stock trades above $54.60)
EXPIRATION: JUL 16
ENTRY: PRICE RANGE: $7 or Better
*FSLY is retracing from a three day move and seems to be attracting buyers near the 10 ema area. Consider a bullish trade if the stock rallies above the $54.60 area.
*Keep in mind, these are not hard stop rules. You can always chose to exit trades early or stay in trades longer.