If you are trading stocks maybe this one can be profitable on long run. Jumia invested a lot of money in marketing in previous two Q, but their marketing failed expectations and boosted sales only around 8.5%.
This was main reason for sell off, I think now it is time to start buying the fear, and start waiting for our profits to come in following year. It is long time investment especially compared to cryptocurrencues.
This was main reason for sell off, I think now it is time to start buying the fear, and start waiting for our profits to come in following year. It is long time investment especially compared to cryptocurrencues.
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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.