Fastly Inc

Despite the lack of a clear active pattern and a period of consolidation just below key resistance, FSLY remains in a Stage 2 advance above rising longer-term averages. Price is holding above the 9/20 EMA cluster, momentum indicators show no exhaustion, and the 200-day trend remains bullish. Execution favors buying this pullback into rising EMAs to position for a potential continuation toward prior highs, while monitoring for any decisive break below short-term support.

• ↑Q2’26 revenue $183.3M, up 23% YoY, above guidance
• ↑Trailing 12-month net retention at 117%, highest in 3+ years
• ↓Top 10 clients contribute ~37% of revenue, raising concentration risk