Aggressive traders can enter now; the safe play is a break out above 72.5
Revenue growth close to 50% y-o-y Good industry --> software for cloud tech Should be worth more than Asana, which makes less than JFrog Valuation should be at least double the current market cap
great setup here above neckline with vine vol and momentum targets on chart
FROG found support on the post IPO lows. Alert set for break above $64.50 Short term target $68.50 - $70.00 Stochastic and MACD in bullish reversal
The enterprise IT and software leader formed a solid base and had a nice breakout. Good to 90's and above as it holds. Still a downtrend line from previous highs it needs to break as well.
Jfrog priced an initial public offering of 11.6 million shares at $44, according to sources close to the deal, above the recently increased price talk range of $39 to $41 a share. The original target range for the offering had been $33 to $37 a share. The stock opened at $71.27, up 62% from its offering price, and finished the day at $64.79, up 47%. JFrog posted...
Something boring for a change. Maybe can be had a tad cheaper, but I'd say in all likelihood one will not lose money on this long term.