JMIA is break strong trend resistance today but still below its most recent lower high..
Break of that recent lower high/3 dollar round number resistance and I think a quick rally to 3.66-4.48
Note
first target hit then the momo died, ah jmia isnt the same stock it use to be. and thats ok!
Note
Round number support level, resistance = support area too.. you want to see a bounce here if your long
Note
bulls trying to hold the line. choppy week overall
Note
all targets smashed, congrats to JMIA longs. and goodnight to shorts
Note
all targets smashed
Note
looks like a break over 7 is bound to happen. after that we say hello to 10-20 range in no time
Note
5.5 may be a good dip entry here
Note
we have seen this before
Note
JMIA resistance = support scenario, but like ive said before this is not the same jmia from the last bull market, i dont think it can hit 20-40 again, 7-10 short term is more realistic
private stock and crypto ideas posted daily on my Patreon 🤫 only 10 bucks a month
Also on:
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.