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Today's sharp fall was due to poor financial reports and a CEO change. It is indeed bearish news, so the sharp fall is not surprising. The stock already fell to 48 yuan after the market closed yesterday and closed at 42 yuan today, which is understandable.

$Fastly (FSLY.US)$
Today's trend is characterized by high volume and is not looking good, with no signs of bottoming out. Therefore, there is a possibility of further decline in the next week.
But a sharp fall can also be seen as a promotion, as discounted stocks naturally attract buyers. The trading volume today indicates that there are still people entering the market at this price level.

If you have a small position, you can hold it and wait for a medium to long-term rebound.
If you have a heavy position, it is recommended to reduce it on rallies. With so many discounted stocks available, why focus on a stock that has no bottom signal?
Today's sharp fall was due to poor financial reports and a CEO change. It is indeed bearish news, so the sharp fall is not surprising. The stock already fell to...
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