(1) this is not a quick action trade for Frog which I feel already late to swing on it for now
(2) do keep eyes on it and I expect the pink zone as a consolidation after FROG gets out of the downtrend first
(3) then we would enter a patient play for it
JFROG could present a good risk/reward entry opportunity to enter after breaking the 48.5-49 level.
Fundamentals: Frog Ltd. engages in the development of software products for the management and release of software updates. It a growth company in a growing market. Average 1 year target from analysts = 78.
Technical: To allow the stock some fluctuation the stop...
-$FROG has been consolidating between $65 and $70 range forming an inverse head and shoulder in the 4HR so before looking to long this stock I'd like to see it over $70 and I know I could be missing on good upside from now but I need the confirmation that there has been an increase in demand to start helping push this stock higher.
-Short term upside I'm first...
JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform to achieve Continuous Software Release Management (CSRM). The CSRM platform enables organizations to continuously deliver software updates across any system.
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This is a follow up to my previous call.
We're getting increased volume, increase OI on options, and earnings runup.
Happy Trading, from CJ -- aka the greatest FURU.
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