Short Term chart Developing Crab Pattern. Let a bottom form first Crab Patterns may Extend as much as 1.92 times XA Stop and Targets are marked As always do your own due diligence Good Luck S
As per Chart Scaling into this as it is a counter trend trade Earning were a beat however analysts cut targets and future guidance suggests they may miss full year revenue (198 -204m vs 202m from the street) One potential issue is that the beat came in part from price hikes suggesting that sales volume may be fading?
2020 IPOs cost too much, and now are worth buying that they are out of style and cheaper. IT debuted in September at $64, now at $52. The valuation is a lot more reasonable now. There's no rush to buy these software stocks. Buy this at $43 or 20x sales (not earnings).
Sold April 16th 50 Puts, Bought April 16th 45 Puts for 3.05 Credit each. Max loss 1.97 - 5 Pos. Technicals: RSI div, 2 bottoms, also good r/r on the option.
It is spring now, right? Didn't quite test 03/05 low but got close. Great R/R here imo
JFROG could present a good risk/reward entry opportunity to enter after breaking the 48.5-49 level. Fundamentals: Frog Ltd. engages in the development of software products for the management and release of software updates. It a growth company in a growing market. Average 1 year target from analysts = 78. Technical: To allow the stock some fluctuation the stop...
Had our second earnings. Consolidation into a lower low.
-$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 here is consolidating around IPO price May have a breakout from here , Earnings to be watched closely as last earnings was a major contributor to its price movement