Breakout Trade in FROGJFrog is a supply chain software company out of California.
This mid-cap stock formed a base over the last twelve months and is now trying to break out on above average volume.
The run up from $17 to $28 took place on good volume, so this looks like accumulation on the institutional side.
I think this is buyable here. A couple weeks of tight price action near the $28 level to absorb overhead supply would make this trade even more appealing.
