How the price action of Jfrog Ltd. ($FROG) is used to our Advantage
December 09, 2023, 09:00 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for FROG
- Buy FROG slightly over 27.36 target 31.17 stop loss @ 27.28 Details
The technical summary data tells us to buy FROG near 27.36 with an upside target of 31.17. This data also tells us to set a stop loss @ 27.28 to protect against excessive loss in case the stock begins to move against the trade. 27.36 is the first level of support below 29.77 , and by rule, any test of support is a buy signal. In this case, support 27.36 is being tested, a buy signal would exist.
- Short FROG slightly under 31.17, target 27.36, stop loss @ 31.26 Details
The technical summary data is suggesting a short of FROG as it gets near 31.17 with a downside target of 27.36. We should have a stop loss in place at 31.26though. 31.17 is the first level of resistance above 29.77, and by rule, any test of resistance is a short signal. In this case, if resistance 31.17 is being tested, a short signal would exist.
Swing Trading Plans for FROG
- Buy FROG slightly over 31.17, target n/a, Stop Loss @ 31.08 Details
If 31.17 begins to break higher, the technical summary data tells us to buy FROG just slightly over 31.17, with an upside target of n/a. The data also tells us to set a stop loss @ 31.08 in case the stock turns against the trade. 31.17 is the first level of resistance above 29.77, and by rule, any break above resistance is a buy signal. In this case, 31.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FROG slightly near 31.17, target 29.72, Stop Loss @ 31.26. Details
The technical summary data is suggesting a short of FROG if it tests 31.17 with a downside target of 29.72. We should have a stop loss in place at 31.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 31.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for FROG
- Buy FROG slightly over 30.1, target 31.17, Stop Loss @ 30.03 Details
If 30.1 begins to break higher, the technical summary data tells us to buy FROG just slightly over 30.1, with an upside target of 31.17. The data also tells us to set a stop loss @ 30.03 in case the stock turns against the trade. 30.1 is the first level of resistance above 29.77, and by rule, any break above resistance is a buy signal. In this case, 30.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short FROG slightly near 30.1, target 29.72, Stop Loss @ 30.17. Details
The technical summary data is suggesting a short of FROG if it tests 30.1 with a downside target of 29.72. We should have a stop loss in place at 30.17 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Jfrog Ltd. (FROG) available here: FROG.
FROG Ratings for December 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
23.73 |
| P2 |
29.57 |
28.54 |
27.36 |
| P3 |
30.1 |
29.72 |
31.17 |
AI Generated Signals for FROG
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Jfrog Ltd. (NASDAQ: FROG) data table below can help you with price action, and we have more details too. Trading plans for FROG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for FROG:
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