Jumia Technologies AG
Updated

[JMIA] Entering Value Range... Probably More Room to Fall

873
In 1% at $6.50.

Value pickup anywhere between $6 and $11.

Bottom support should hold up well if it gets down there.

I scalped the last peak and already began reloading gradually.

Lets keep an eye and see where this goes so we can catch that next spike... maybe hangs in this range here till earnings FOMO?
Note
Testing upper value channel bound, will probably reject it and continue slide for a bit.
Note
Still dropping! Def buying if we get close to green line here.
Note
Exactly bounced off bottom of upchannel... this game is easy B).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.