Jumia $JMIA - investment idea 💡
This stock been trading for a while in the demand zone, giving great opportunity to buy the dip for it's low risk and great target potential. I expect it to up if not today it will be in a few days.
❌ - Volume looks good bust still under the average
✅ - Double bottom
✅ - Bullish price action on the daily (Bullish Doji)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (-23.9%)
✅ - MA200 (+31.35%)
❌ - Pivots: (-10.46%)
⏰ - Breakout 1: $40.37
🚀 - Potential targets (🚀247% by 20/07/2021)
🪂 - If things goes wrong better to exit if $32.60 didn't hold
🚦 - Next entries in case if dropped: $26.82
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
❌ - Volume looks good bust still under the average
✅ - Double bottom
✅ - Bullish price action on the daily (Bullish Doji)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (-23.9%)
✅ - MA200 (+31.35%)
❌ - Pivots: (-10.46%)
⏰ - Breakout 1: $40.37
🚀 - Potential targets (🚀247% by 20/07/2021)
🪂 - If things goes wrong better to exit if $32.60 didn't hold
🚦 - Next entries in case if dropped: $26.82
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
✅ Bullwards on Discord:
discord.gg/Bullwards
✅ Bullwards on Telegram:
t.me/bullwards
✅ Stocktwits:
stocktwits.com/hosselo
discord.gg/Bullwards
✅ Bullwards on Telegram:
t.me/bullwards
✅ Stocktwits:
stocktwits.com/hosselo
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