Articles tagged with FROG
Bausch Health Cos, Inc. (BHC) recently reported solid quarterly earnings results and raised guidance and the stock jumped on increasing volume as you might suspect it would. It's been nearly three weeks since and it's finally tested (or nearly tested) its rising 20-day EMA, providing a much better reward-to-risk entry. The AD line is strong and BHC has pulled back these past few weeks on rather light volume. I wouldn't completely rule out the possibility of testing the bottom of gap support at 8.67, but building a position, or starting to build a position, at its current price would not be a bad strategy:...keep reading
Don't take this the wrong way. I actually love the small caps, but today's article is featuring JFrog, Ltd (FROG), a $4.7 billion software company that traded over $95 per share in 2000, before falling back to under $20 more recently. I believe a double bottom has formed and FROG is now situated quite bullishly in an uptrend. Rapid earnings growth in small caps usually results in rapid price acceleration as well, especially when this asset class is in favor. Because the IWM (ETF that tracks the small cap Russell 2000) is now showing signs of an uptrend and it recently broke out of a bullish cup with handle continuation pattern, it's time, in my opinion, to take on additional risk in the form of small cap stocks:...keep reading