Fastly launches bot management service to enhance cybersecurity
Fastly Inc., a prominent cloud solutions provider, has unveiled a new service, Fastly Bot Management, designed to counter automated cyberattacks. These attacks, often conducted using botnets (networks of infected devices) and advanced artificial intelligence algorithms, pose serious threats such as DDoS attacks and account takeovers.
The newly launched Fastly Bot Management tool is a robust solution that swiftly detects and alerts relevant IT specialists. It is specifically focused on safeguarding the network periphery, which is considered the most vulnerable segment of IT infrastructure against automated attacks. Given the escalating frequency and sophistication of cybersecurity threats, Fastly anticipates solid sales for this innovative solution.
Exploring potential investment opportunities, here is the technical analysis for Fastly Inc. (NYSE: FSLY):
On the Daily (D1) timeframe, the stock has established a resistance level at 13.35 USD and a support level at 8.35 USD. The stock is currently in a pronounced downtrend, with the price movement confined within a channel between the noted resistance and support levels. If this downtrend persists, the stock price could drop to 7.20 USD.
Conversely, should there be a reversal, and the stock breaks through the resistance at 13.35 USD, a short-term target is 18.45 USD. If the upward trend gains momentum, the price may rise to 25.85 USD in the medium term.
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Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The newly launched Fastly Bot Management tool is a robust solution that swiftly detects and alerts relevant IT specialists. It is specifically focused on safeguarding the network periphery, which is considered the most vulnerable segment of IT infrastructure against automated attacks. Given the escalating frequency and sophistication of cybersecurity threats, Fastly anticipates solid sales for this innovative solution.
Exploring potential investment opportunities, here is the technical analysis for Fastly Inc. (NYSE: FSLY):
On the Daily (D1) timeframe, the stock has established a resistance level at 13.35 USD and a support level at 8.35 USD. The stock is currently in a pronounced downtrend, with the price movement confined within a channel between the noted resistance and support levels. If this downtrend persists, the stock price could drop to 7.20 USD.
Conversely, should there be a reversal, and the stock breaks through the resistance at 13.35 USD, a short-term target is 18.45 USD. If the upward trend gains momentum, the price may rise to 25.85 USD in the medium term.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
