**FROG** JFrog stock, nice rally off the 78.47 support area, watch for a top of range breakout.
Breakout trade
* WATCH for possible breakout above 91.86
* Target: 102.16, 12.4% Stop: 86.76 Loss: 4.5%
* P/L ratio: 2.8 : 1 - Good
BULLISH
* \[Timing\] Strong bullish 3 day candlestick pattern.
* \[Timing\] Strong bullish 1 day moneyflow
* \[Timing\] breakout watch above 91.86, no resistance in area just above.
BEARISH
* \[Positioning\] Short term strong rally, rally may start to slow.
* \[Positioning\] Overbought, odds favor short trades.
* \[Positioning\] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
* \[Positioning\] at resistance
* \[Timing\] Extreme 3 day accumulation, but when the stock is overbought this can be considered bearish.
[FROG JFrog stock chart](https://preview.redd.it/1ufxz97zdmah1.png?width=1194&format=png&auto=webp&s=b12a8c40d58ed335e66f84919889436ba7601a64)